King Trade Capital Provides a 50% Increase of Purchase Order Finance Facility to Dry Foods Manufacturer

King Trade Capital (“KTC”) is pleased to announce the finance facility increase of $2.5MM for an existing dry baked goods manufacturing client.

The company is utilizing KTC’s purchase order-based production finance facility to help manufacture the inventory to fulfill its seasonal orders. Due to the seasonality of their business, the Client needed more availability than their existing asset-based lending facility allowed and KTC was able to help.

KTC approved and funded the Client’s increased capital needs within 4 business days of the clients new request. This funding increase allows the company to execute efficiently and smoothly on current order increases with their major customers. 

About King Trade Capital

For almost 30 years, King Trade Capital has helped good companies grow their sales and profits by providing PO and supply chain finance solutions. KTC is operated by its founder and its entrepreneurial team that understand the financial needs of operating and growing a business. As pioneers in purchase-order financing and non-bank trade finance, King Trade Capital has developed the expertise and unrivaled financial capacity to help companies become more prosperous by providing stable and unique PO and supply chain finance solutions. Please contact 214-368-5100 or visit www.kingtradecapital.com