Clinton Stanton and Bryan Ballowe launched TradeCap Partners, an alternative finance company specializing in short-term purchase order solutions.

Both were formerly with King Trade Capital, Ballowe as vice president and COO and Stanton as vice president and a member of the investment committee. The two have a combined industry expertise spanning 30 years.

“We are excited about the launch of TradeCap and the opportunity to provide fast, properly structured capital solutions to small and middle market businesses. We also look forward to continue building relationships with industry partners and business owners who will play a key role in our success,” said Stanton.

TradeCap’s offerings will provide tailored finance solutions to importers, exporters, distributors, wholesalers, resellers and domestic manufacturers experiencing cash constraints due to rapid growth, seasonality, undercapitalization or turnaround restructuring.

Offerings will include:

• Finished goods financing — for presold goods and inventory purchased from domestic and overseas suppliers
• Reseller financing – to purchase technology hardware and software from original equipment manufacturers and authorized distributors to be sold by value added distributors
• Production financing — to support domestic manufacturers sourcing of raw materials and payment of direct manufacturing labor and overhead costs
• Project financing — to complete the mobilization, delivery and installation of equipment, materials or goods as part of an ongoing, larger project
• Government contract financing — to procure or manufacture supplies and equipment for domestic and foreign governments

TradeCap will focus on short-term transactional financings, less than six months in tenor, ranging in size from $50,000 to $15 million.