King Trade Capital welcomed back a past client to support seasonal sales by providing a $2.5 million purchase order finance facility.
When the client quickly needed a purchase order finance solution to fulfill purchase orders from a retail partner, King Trade Capital helped secure payment to the client’s Chinese supplier to produce the digital picture frames. Within days, King Trade underwrote the end customer purchase orders, assessed the new tariff risks and issued a letter of credit to the overseas manufacturer.
“We’ve partnered with this client over the years, and we’re proud to once again provide a timely solution that secured production and ensured on time shipping,” Andrew Chong of King Trade Capital said. “Acting quickly and effectively is what allows our clients to stay on track with critical seasonal orders. We’re committed to being a reliable finance even during the current ever-changing tariff environment.”
