Take a look at how we have helped other companies, and you will see how payables financing can help you too.
“Our company needs to purchase inventory to fill a new large order. Where can we access fast working capital?”
Client: A Missouri-based leading designer and distributor of high-quality men’s, women’s, and youth outdoor apparel sold under well-known brand names.
Situation:The company needed working capital to close the cash flow gap between paying vendor costs and collecting after the product was manufactured and sold.
Solution: Newbridge provided $500,000 in payables funding to purchase inventory.
Result: The additional liquidity gave the company the working capital they needed to fill new orders and grow.
“We need to invest in our business in order to expand, but our cash flow isn’t strong enough. What are our options?”
Client: Mexico’s largest distributor of mobile telecommunications equipment.
Situation: The company needed working capital to take advantage of growth opportunities.
Solution: Newbridge provided a $40 million receivables financing facility to give them maximum working capital based on the value tied up in their receivables.
Result: The accelerated cash flow enabled the company to reinvest, expand in a rapidly growing industry, and set the foundation for a strong future.
“A great opportunity just came up, but I don’t have the additional cash flow to execute on it. Where can I find fast working capital?”
Client: A Texas exporter of meat and poultry.
Situation: This company needed fast capital to expand their reach to Mexico-based distributors and retailers before the opportunity was lost. But with current customers taking too long to pay, working capital was in short supply.
Solution: Newbridge developed a $6 million accounts receivable financing facility to help them access the value locked in their receivables.
Result: The additional cash flow gave the company greater buying power so they could expand and increase revenue.
“I’ve outgrown my existing lender. Where can I find working capital to grow?”
Client: An information technology company focused on cybersecurity for global and major money center banks.
Situation: Their existing lender wouldn’t provide additional capital.
Solution: Newbridge quickly provided a $2 million asset-based line of credit wrapped with credit insurance to fund the invoices from the end debtor. We entered into an intercreditor agreement with the bank.
Result: The company is using the line of credit to fund continued business growth.
“The majority of my sales happen over the holidays. How I can find financing that fits my seasonality?”
Client: A New Jersey-based consumer electronics company specializing in accessories that complement popular mobile hardware devices as well as accessories for the computing, gaming, and camera categories. The company’s sourcing office in Asia and west coast warehouse enables them to support various sales channels, including QVC and HSN.
Situation: In an industry that relies heavily on seasonal sales, the company’s working capital was sluggish the rest of the year. But they needed immediate funding to purchase inventory, develop new products, and support their growth strategy.
Solution: Newbridge structured a creative solution including $56 million in accounts receivable and supply chain financing that leveraged the value locked in their supply chain to provide maximum cash availability.
Result: The company was able to resolve seasonal peaks and they’re now selling to QVC, HSN and major retailers and busier than ever.