King Trade Capital completed a $1 million purchase order finance facility for an early stage ladies apparel company based in California. The company specializes in selling modern women’s apparel to large discount retailers.

The client was referred to King Trade Capital by its factor. As a young business, the client was having difficulty securing suitable financing for its growth and had been unable to buy enough inventory to satisfy increasing orders. With a new order from a major retailer in hand, the company had an immediate need for financing to secure payment to its overseas supplier to get the apparel produced and shipped.

King Trade Capital worked quickly with the client to structure an end-to-end finance solution that provided the capital needed to fulfill the purchase orders from the major retailer. The PO and trade finance solution provided the company’s overseas suppliers with what was needed to get its apparel produced and shipped as well as availability to pay freight and duties for the deliveries.

The solution King Trade Capital provided will allow the client to expand its customer base while addressing its liquidity issues.