Daily News: May 2, 2019

TradeRiver Provides $750K Facility to Equipment Distributor

TradeRiver provided a $750,000 revolving trade facility to a refrigerator equipment distributor.

The client has secured reduced pricing and additional distribution territory from their vendors. The improved cash flow has resulted in higher sales revenue and profitability for the client.

TradeRiver offers revolving trade facilities from $100,000 to $5 million for well-managed U.S. & Canadian companies to execute paperless digital transactions with their suppliers anywhere in the world.