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.
NEW YORK CITY, AUG 22, 2019 – Newbridge Global Sourcing announced an expansion of its service offering to include Accounts Receivable Financing and Asset-Based Lending in response to market need. With complementary products, Newbridge offers clients maximum funds available while helping them improve supplier relationships.[Read More]
"Newbridge Global Sourcing is committed to fostering diversity, economic sustainability and environmental responsibility throughout the supply chain."
– Brian Weiner, CEO