King Trade Capital closed a $250,000 production finance facility for a Texas-based manufacturer of chocolate products.

The company was introduced to King Trade Capital by its outsourced CFO seeking a solution to help it support rapidly growing sales with a nationwide wholesaler.

The wholesaler had approached the company after tasting its products and issued purchase orders for a regional store rollout.

The size of the orders represented an incremental growth opportunity which exceeded the company’s prior year sales by 20%. King Trade established a production finance facility in 10 days, providing funding for 100% of costs to produce the goods, including raw ingredients, direct labor, packaging and cold storage costs.

Therefore, the company was able to maintain cash flow to support its already growing business and not forgo the major growth opportunity.

The wholesaler is working on plans for a national rollout to all stores, which will result in orders that represent a multiple of the size of the current orders.