King Trade Capital landed a $5 million purchase order finance solution for an aerospace company in support of its $15 million Air Force contract.
The aerospace company approached King Trade Capital seeking a swift funding solution to make timely cash payments to its suppliers. These funds were critical to secure the necessary aircraft components to build landing gear required for their government contract.
The purchase order finance solution implemented by King Trade Capital provides the client with the liquidity needed to purchase the required parts, enabling the company to fulfill its current contract and positions the company for much larger government opportunities in the future.