TradeCap Partners funded a $1 million purchase order finance facility for a Texas-based manufacturer of steel wire. The facility was structured to support the company’s growing production demands and address immediate working capital needs.
The client, experiencing a surge in order volume, faced challenges securing the steel necessary to fulfill its backlog due to limited cash flow. Without sufficient liquidity, the company was unable to purchase the full allocation of steel from its primary supplier, which hindered its ability to manufacture and ship products efficiently. The opportunity was referred to TradeCap by a factoring company familiar with the client’s situation.
TradeCap structured a purchase order facility that covered the cost of steel, fabrication and transportation. As a result of TradeCap’s support, the client was able to work through its backlog more efficiently, improve delivery timelines and strengthen relationships with key customers. The facility also positioned the company to capitalize on future growth opportunities without compromising operational stability.
