Daily News: April 27, 2012

King Trade Capital Funds $270M to Coffee Bean Importer

King Trade Capital funded $270,000 of a $2 million annual supply chain finance agreement with a coffee bean importer interested in expanding its business with several large public and private coffee roasters in the United States and Canada.

KTC worked with the client to understand their trade cycle and operations. In order to maximize the number of inbound containers, KTC established a purchase order import facility. Realizing KTC