King Trade Capital Provides $1,000,000 Seasonal PO Finance Facility for Iconic Brand

Wednesday, December 13, 2017

King Trade Capital is happy to announce that it has been selected to provide the seasonal finance solution to bridge the capital needs of an iconic US brand of footwear. King Trade’s financing allows the company to manufacture the additional inventory needed to add $3 million of sales in the first quarter.

The CEO of the US based brand contacted King Trade Capital after learning about its services at a recent international trade show. King Trade was mentioned in a panel discussion about different finance solutions that can be utilized to produce inventory. After researching KTC, the company found that King Trade was recommended more than any other source for PO finance.

An established brand, the footwear company is seeing a resurgence of interest due to current styling and a new generation of customers. As their sales grew, the company found itself in need of additional liquidity to manufacture increasing inventory in their US factory.

King Trade Capital understood the company’s need for production financing and designed a unique solution, one that allows the company to build inventory and stage it for seasonal deliveries. King Trade offered speed and flexibility to finance the manufacturing in their own facility while allowing the company to manage its cash flow.

Edward King, founder and managing partner of KTC, said, “We are honored to be selected to provide an over-line finance solution that allows an iconic US brand and manufacturer to grow its inventory and sales. King Trade Capital’s team has a history of fast, creative solutions that help small- to medium-sized companies take advantage of the opportunities to increase profits.”

About King Trade Capital

King Trade Capital is the country's oldest and largest independent provider of purchase order, trade and contract finance for small to middle-market companies headquartered in the U.S., UK and Canada. Since 1993, KTC has provided more than $2 billion of capital to over 400 public and private companies worldwide, allowing them to grow profits unencumbered by traditional capital constraints. Visit www.kingtradecapital.com or call 214-368-5100.