TORONTO, ONTARIO — (Marketwired) — 05/02/13 — BridgingFactor Inc., recently provided a $1,500,000 non-notification accounts receivable and inventory facility to a Toronto based distributor of ethnic foods.
Kevin Westfall, director at BridgingFactor commented, “This is a young Company experiencing tremendous growth that has recently secured orders from National grocery chains but doesn-t have the working capital to meet these orders. They were initially considering raising equity to fund their working capital needs but we were able to provide a more flexible and less expensive solution.”
BridgingFactor provides funding in both the Canadian and American markets. Its product portfolio includes factoring / receivable finance, purchase order and inventory finance, as well as term financing secured by fixed assets. For more information on BridgingFactor, visit .
BridgingFactor is your bridge to cash flow freedom!
Contacts:
BridgingFactor Inc.
Kevin Westfall
Director
(416) 644-6444