Medical mask and gloves wholesaler

$3,700,000

Catalyst Business Funding provided $3.7 million to a wholesaler of medical masks and gloves. Company had the opportunity to purchase in bulk and at a discounted price but needed the capital immediately. Their shipment was coming from China right before the Chinese new year and the order had to be paid before the closure of the ports for 2 weeks. Catalyst Business Funding was able issue terms within the same day of submission and fund it the next day.

Annual gross: $25 million

Monthly revenue: $2,000,000

Catalyst Business Funding has the ability to fund large transactions within 48 hours. We specialize in opportunistic credit solutions for lower and middle market companies. Contact us to discuss your financing needs and learn how we can help you.