Mark Rosenstein | CEO
Jason Rosenstein | President
Max M. Toledo | EVP/CMO
Larry Powali | Executive Vice President
Distributors.
Reliable cash-flow is critical for anyone in distribution. At Bridgeport Capital, we understand the challenges our distribution clients face on a daily basis and can help provide much-needed cash within essential timelines.
Not only have our services helped our client’s growth potential, but they have also solidified important relationships with their customers.
Since 1999, our team of financial experts has worked with small and large distributors and have helped cover necessities like:
- Payroll
- Purchasing Product
- Shipment Costs
Not only have our services helped our client’s growth potential, but they have also solidified important relationships with their customers.
Some of the essential industries that benefit from our services include:
Promotional Supplies
Office Supplies
Office Equipment
Industrial Supplies
Automotive
Tailored Financial Solutions to Fit Your Needs.
Our team is ready to tailor an alternative financing solution to match your unique business needs. Whether it’s through accounts receivable financing or an asset-based loan, we will find a way to help you gain the cash your business needs to thrive.
Asset-Based Lending.
Asset-based lending (ABL) is a revolving line of credit, utilized by a business to obtain working capital financing. The benefit of using asset-based lending in the distribution industry is that your business has everything you need to get your line of credit started.
In an asset-based lending situation, your business uses its assets as collateral for the loan.
These assets include:
Accounts Receivable
Inventory
Equipment
Real Estate
When you work with Bridgeport Capital’s asset-based lending services, you can skip the months of waiting on a bank loan and get funded within 30-days. This option allows your business to reap the benefits of its assets at maximum rates that can fluctuate as your business grows.
Invoice Factoring.
As distributors, you know that customers can sometimes take 30, 60, and even 90 days to pay off their invoices.
You don’t have the time to wait on your clients to drag their feet. Product needs to go out as scheduled, and this costs money. Invoice factoring allows your business to turn unpaid invoices into cash, typically within a 24-hour approval process.
With invoice factoring, there are no credit checks and no debts to pay back. Business owners can sell their unpaid invoices to us, and in return for our fee, will receive the cash they need, quickly.
Bridgeport Capital Helps You Stay on Top of Your Finances.
As a business owner, we understand the importance of maintaining access to your information at all times. We offer a web-based information portal allowing you to see the status of your open invoices, payments, availability, reserves, and much more. You are also provided a dedicated account executive to answer any questions you may have on your account.