Accessing the working capital you need to purchase critical inventory can be a challenge. From raw materials and components to finished goods and packaging, Newbridge buys the inventory and supplies you need right now, and that buys you time.
There are times you can't wait up to 90 days for customers to pay invoices - you need working capital to meet payroll and fund operations now. Newbridge purchases your invoices and advances you up to 95% of the value immediately. When your customer pays us, we send you the balance of the invoice, minus a small fee.
When you need funding to expand, acquire another business, fund capital expenditures or smooth out seasonal revenue, we help you take advantage of the value locked in your assets. We offer Asset-Based revolving lines of credit up to $25 million based on historical asset performance and asset value.
Newbridge Global Sourcing (“Newbridge”), a leading alternative capital provider, has hired Sam P. Gilliss, CPA, as an Associate of Credit and Underwriting. He will be responsible for evaluating and underwriting supply chain, receivables, and asset-based lending facilities. Newbridge continues to add talented professionals in order to enable SMEs and large enterprises to grow through unique funding solutions. Prior to joining Newbridge, Mr. Gilliss was a member of Alvarez & Marsal’s Valuation Services group. He provided a full suite of valuation services to institutional clients in the areas of financial and tax reporting, complex financial instruments, illiquid securities, and private equity.[Read More]
Newbridge announced a $50 million partnership with a Canadian-based originator of receivables. The technology-enabled specialty lender provides receivables financing to companies with strong end-debtors. The partnership expands Newbridge’s scale and diversifies its customer base and sector exposure.[Read More]
"Newbridge Global Sourcing is committed to fostering diversity, economic sustainability and environmental responsibility throughout the supply chain."
– Brian Weiner, CEO
Our industry affiliations allow us to stay abreast of the latest industry changes, technological advancements and best-in-class business practices, as well as contribute our expertise to evolving industry standards.