Pulling inspiration from an unlikely source, Bryan Ballowe of TradeCap Partners explains how forming relationships with other financing providers will help non-bank lenders create a competitive advantage.
TradeCap Partners provided a $9 million production finance facility to an industrial equipment manufacturer, which will use the facility to help finance release orders issued under a large contract the company received from the U.S. government.
How non-bank lenders differentiate themselves and successfully capture market share while navigating risk will determine how they are able to define the current moment. Non-bank lenders are well-positioned to take advantage of the current economic and credit environment and will be better able to help borrowers compared to traditional banks.
TradeCap Partners closed a $7 million purchase order funding facility for a supplier providing new and used equipment to big box retailers located throughout the United States and Canada.
TradeCap Partners closed and funded a $1.5 million purchase order finance facility for a distributor of recreational sports products based out of the Southeastern United States.
TradeCap Partners closed a $15 million purchase order funding facility for an importer of oil country tubular goods that sells to end users and distributors throughout the United States.
TradeCap Partners closed a $10 million purchase order funding solution for a Midwest-based distributor of rolled steel.
TradeCap Partners closed a $1.5 million trade finance facility for a promotional products importer located in the Southwest.
TradeCap Partners closed a $5.5 million purchase order facility for an East Coast-based audio/visual-IT integration company to support a large public sector contract award to upgrade existing technology.