Daily News: August 9, 2012

King Trade Closes Eight Transactions in 2012


King Trade Capital’s Northeast region office announced a sample of new client relationships funded in 2012. The transactions include:

  • a $2.5 million purchase order finance commitment for New York importer of display fixtures

  • a $1.5 million purchase order finance commitment for Connecticut importer of home furnishings

  • a $5 million purchase order finance commitment for Maryland importer of home furnishings

  • a $750,000 purchase order finance commitment for Virginia distributor of telecom products

  • a $3 million purchase order finance commitment for a New York importer of housewares

  • a $750,000 purchase order finance commitment for Connecticut importer of home furnishings

  • a $2.5 million purchase order finance commitment for a New York importer of footware

  • a $2 million purchase order finance commitment for a New Jersey importer of coffee