King Trade Capital completed a $5 million purchase order finance facility for a Georgia-based telecommunication device supplier. The company reached out directly to King Trade Capital after being referred by a previous King Trade client.
The Secured Finance Network (SFNet) added to its executive and management committees for fiscal year 2022. These leaders guide the association, make policy decisions, confirm new members and provide thought leadership in advocacy and education.
King Trade Capital provided a food products company with a $5 million import finance facility with an accordion feature to expand to $10 million. The company had previously worked with King Trade Capital 12 years ago.
King Trade Capital completed a $5 million purchase order finance facility for a Massachusetts-based high-efficiency particulate air (HEPA) purification company.
Jaguar Freight, a freight forwarder and U.S-based NVOCC, and King Trade Capital, a purchase order finance company in the U.S., added a new trade and purchase order finance solution to Jaguar’s portfolio of services.
King Trade Capital (KTC) established a $7 million purchase order finance line for a New York-based apparel brand.
King Trade Capital completed a $4.5 million purchase order-based supply chain finance facility for a New York-based personal protective equipment distributor importing medical gowns to be delivered to the U.S. government.
King Trade Capital provided purchase order financing to a California-based company that sells hand sanitizer and sanitizing wipes.
King Trade Capital completed a $2.4MM purchase-order finance facility for a Florida-based, minority-owned government contractor.
Although purchase order finance is not a new product, many traditional lenders do not realize that it has changed with the times and offers new options. Edward King explains how PO finance companies can partner with lenders to create innovative solutions for borrowers.