King Trade Capital Provides Children’s Clothing and Toy Company PO Financing

Monday, April 29, 2019

King Trade Capital (“KTC”) is pleased to announce the completion of a purchase order finance facility for a California based children’s clothing and toy company (the “Client”).

King Trade Capital was called by a finance consultant that was helping the Client find  the right finance partner to help the company grow sales and deliver $3,000,000 of PO’s awarded to them by one of the largest US retailers.

The new program with the retailer created a large capital need that exceeded their current credit facilities with their working capital lenders. The company needed a finance solution to secure production from their overseas factories to ensure that their goods would be produced and delivered fast enough to meet the delivery schedule of the customer.

Due to King Trade Capital’s 27 years of expertise providing PO and trade finance solutions, KTC was able to move quickly to structure a finance facility that provided a solution to the Client’s large capital need in order to secure production and get inventory delivered in time to fulfill the retailer’s delivery dates.

KTC was able to work alongside an existing cash flow lender and a factoring company to negotiate inter-creditor agreements with both parties to provide the Client with a complete trade cycle finance solution. KTC’s facility provides the Client’s supplier with Documentary Letters of Credit to secure production and timely shipment of goods. The factoring company will provide additional liquidity to the Client upon delivery of the goods to the end customer.

With KTC’s solution the Client is able to finance the growth in sales and keep their overseas supplier producing and shipping to fulfill the larger purchase orders.

For 27 years, King Trade Capital has helped good people and good companies increase their sales and profits through offering the broadest array of PO, trade, contract, and bridge finance solutions available. We are pioneers in purchase-order finance and have the unrivalled expertise and financial capacity to help our clients and portfolio companies prosper.  Our mission is to help good companies thrive by providing stable, reliable, and unique finance solutions to bridge the company’s capital needs when a traditional finance offering can’t. We work with other senior lenders in a complimentary manner to provide the best finance solutions available. To learn more please visit www.kingtradecapital.com or email info@kingtradecapital.com or call 214-368-5100.