Service Provider Receives $150,000 Invoice Factoring Line from Gateway Commercial Finance

Online, September 1, 2011 (Newswire.com) - When Louisiana based Field Catering Services had the opportunity to expand their business to cater for some of the largest oil companies, they jumped on the opportunity. But owner Jason Eastman needed capital in order to purchase the food and supplies necessary to support this new venture. When his bank wasn't able to provide the amount of credit he needed in a timely manner, he turned to Gateway Commercial Finance. "Our company was able to make a very lucrative agreement with some of the biggest oil companies in the nation. But my bank wasn't able to provide me with the credit I needed. Invoice factoring was the ideal tool in providing us with the capital we needed quickly" said Eastman.

"Factoring was a great option for Mr. Eastman and Field Catering Services," said Marc Marin, Managing Director of Gateway Commercial Finance. "He had an excellent agreement with his customers and the potential to generate significant revenue. We at Gateway were able to help him with the cash resources he needed in order to allow his business to grow."

Mr. Eastman added, "My catering business was stressful enough without having to worry about securing credit. Gateway was very easy to work with, and made the process as prompt and smooth as possible. I had heard briefly about invoice factoring, but after looking into it more thoroughly I realized all of the benefits would make this the best option for me and my company." Marin continued, "our services for our clients go beyond simply providing capital; we are able to provide a suite of credit tools as well as receivables management."

Gateway Commercial Finance (gatewaycfs.com) offers 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.