The Beginning of a Beautiful Relationship: Siena Lending and King Trade Capital Finance a Global Ski Company

Few would argue that today’s ABL market is highly competitive. But a little creativity can give a company that extra edge to capture a deal. When Armada Skis came to Siena Lending to obtain new financing, Director Steven Fuscaldo recognized that PO financing was required as a bridge to cover its merchandise in transit. He called on King Trade Capital, and the two companies created a partnership that benefited all three companies.

King Trade Adds Prust to Business Development Team

King Trade Capital added Brandyn Prust to its east coast finance team as a regional manager, Business Development.

King Trade Provides $7MM PO Finance Facility to Importer

King Trade Capital funded a $7 million PO finance facility for a drinkware importer based in Oklahoma.

King Trade Provides $1.2MM Facility to Equipment Manufacturer

King Trade Capital funded a $1.2 million production finance facility for an equipment supplier to Samsung.

King Trade Provides Purchase Order Finance to Toy Company

King Trade Capital funded a $750,000 purchase order finance facility with a West Coast toy distributor.

King Trade Provides $4.5MM Trade Facility in Concert with ABL

King Trade Capital provided a $4.5 million trade finance facility to a Utah-based ski and outerwear company. KTC was brought in by a lender to provide a trade finance solution to go along with a permanent ABL facility.

King Trade Capital Closes Finance Facility for Manufacturer

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

King Trade Capital Closes $2MM Facility for Aviation Parts Supplier

King Trade Capital closed a $2 million purchase order facility for a Texas-based aviation parts supplier selling to domestic and foreign military and commercial customers.

King Trade Capital Provides $1MM PO Finance Facility

King Trade Capital completed a $1 million purchase order finance facility for an early stage ladies apparel company based in California.

Purchase Order Finance: Keeping the Cash Flowing Along the Supply Chain

There are many pitfalls along the supply chain that impact cash flow, especially when working with overseas suppliers. Bryan Ballowe illustrates ways purchase order finance can help maintain liquidity and provide a structure that supports successful merchandise delivery.