King Trade Capital announced the funding of a $2.5 million export finance program for a Texas-based industrial tire distributor.

The tire distributor was introduced to King Trade Capital by an international trade consultant. The company has been growing rapidly due to market changes around the world. They received a large incremental export order to be shipped to South America in a very short period of time. The purchase of the new tires and export required a creatively structured inventory financing solution.

King Trade Capital was able to implement a cash based inventory payment solution that worked for all parties, while closing and funding the transaction within the required time window. With the help of King Trade Capital’s export purchase order finance solution and ability to coordinate the logistics with the funding requirements, the client will now focus its efforts on its continued growth.