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King Trade Capital Expands Small Business Growth Financing Program

Date: Jan 27, 2016 @ 08:02 AM
Filed Under: Industry News

King Trade Capital announced it has expanded its small business supply chain financing program designed to support the inventory financing requirements of early stage growth companies involved in importing, exporting, wholesale distribution and light manufacturing.

The King Trade Capital supply chain financing program will provide much needed financing starting as small as $100,000 for entrepreneurial companies that have designed and developed products gaining traction for sale in the domestic and international markets.

Paul Schuldiner, King Trade Capital’s Managing Director of Business Development, indicated “while entrepreneurs have seen momentum building in sales opportunities, they are frequently hampered by the inability to obtain uniquely structured cash flow solutions which are usually only available to much larger companies.  Along with the required capital needed to assist with rapid growth or seasonality, early stage companies can also benefit from King Trade Capital’s vast experience in navigating the waters of international trade, which may include safely funding payments to overseas suppliers or structuring payments and collections related to export sales. Additionally, King Trade Capital can help implement cash flow solutions for government contractors that require financing of components for assembly and mobilization support in order to execute on newly awarded contracts”.

King Trade Capital’s platform to finance the supply chain of small businesses can be used in a variety of industries from consumer products to industrial products being sold into domestic or international OEM markets.

King Trade Capital is the country's oldest and largest independent purchase order, trade, and contract finance provider to small and middle-market companies. Since 1993, King Trade Capital has provided almost $2 billion of capital to over 350 public and private companies in the US, UK and Canada.

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