MINNEAPOLIS, April 17, 2014 /PRNewswire/ -- Creekridge Capital, a nationwide independent vendor financing company, announced they have topped all their previous quarter one records throughout the company history. They have surpassed their previous first quarter record, which was set in 2012, by over 30 percent.
Creekridge has continued to focus their two core industry segments: healthcare and technology. In the healthcare market, they have seen stability within their booking numbers. In the technology market, their sales have had remarkable growth over previous years. In addition to their core markets, Creekridge also works within several alternative markets. These alternative markets have fueled Creekridge's growth.
"We are excited to start 2014 off on such a strong quarter. In addition, our backlog of approved transactions is bigger than it has ever been which should keep the momentum into the next quarter," stated Jeff Cowan, Co-CEO of Creekridge, "Our leadership team continues to create innovative, new finance products for our portfolio of vendors. These innovations will allow us to continue to grow our vendor funding volumes in our given markets."
"As Creekridge moves through its second decade in business, we continue to invest in our technology platform that produces a streamlined finance experience for our vendors. We will continually provide innovative products that meet or exceed market needs. Further, we have broadened our lending platform through the addition of credit facilities to accommodate our future growth," stated Greg Larson, Co-CEO of Creekridge.
About Creekridge Capital
Creekridge Capital® is an independent source of capital providing creative vendor financing solutions primarily to the healthcare and technology industries. Based in Minneapolis, the company has offices throughout the United States. More information is available at www.creekridgecapital.com.
For further information:
Jeff Cowan, Co-CEO
SOURCE Creekridge Capital