Florida Distributor of Construction Materials Uses Invoice Factoring from Gateway Commercial Finance to Start Business

FOR IMMEDIATE RELEASE
Boynton Beach, Florida, United States of America (Free-Press-Release.com) August 31, 2011 --

When David Becker left his position at an electric supply company after 15 years, he wanted to continue the relationships he had developed with his previous customers in forming his own distribution company. Becker stated, “Due to the failed housing market, my previous employer had really suffered. I decided that I wanted to start my own distribution company building upon the relationships I had already established in the field.” As a start-up company, Becker had difficulty finding the credit he needed in order to support his growing business. His bank recommended using factoring services, and after speaking with several companies, he settled on Gateway Commercial Finance. “My bank wasn’t able to provide the cash flow my company needed, so I was determined to find another reliable source. When I heard about invoice factoring, I thought it was the perfect option for me. It provided the vehicle for my company’s growth. I chose to go with Gateway because of their prompt and professional service. They addressed all of my concerns and made the process as smooth and stress-free as possible.”

Marc Marin, Managing Director of Gateway Commercial Finance was pleased to extend a line of credit to Mr. Becker. “Invoice factoring allows businesses the working capital they need to grow without restrictions. Developing companies like Mr. Becker’s are also able to benefit from the credit tools and receivables management that factoring companies provide.” said Marin.

Gateway Commercial Finance (gatewaycfs.com) was able to provide Mr. Becker with an initial line of credit as well as credit tools and receivables management. They also offer timely and accessible funding solutions to a wide variety of industries where traditional financing is unavailable. Their services allow companies the potential to enhance cash flow, shed credit risk, and seize new sales opportunities.

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