Mountain Ridge Funding, a specialist of asset-based lending and term loans to middle-market businesses, launches officially its factoring company Alpine Ridge Funding (Alpine). The new company was created to offer, via a platform, factoring facilities from US$50,000 to US$30m to small and lower middle-market businesses across a broad range of industries.
Alpine will support companies that cannot qualify for bank or asset-based financing to receive financing like firms requiring liquidity with little or short operating histories, turnarounds, restructuring, acquisitions, changes in ownership or control, experiencing rapid growth, funding new projects etc.
