King Trade Capital welcomed back a past client to support their seasonal sales by providing a $2.5MM purchase order finance facility.
When the client quickly needed a purchase order finance solution to fulfill their purchase orders from their retail partner, King Trade Capital moved quickly to help secure payment to their Chinese supplier to produce the digital picture frames. Within days, KTC underwrote the end customer purchase orders assessed the new tariff risks and issued a letter of credit to the overseas manufacturer ensuring the client could meet their holiday delivery deadlines.
Andrew Chong commented, “We’ve partnered with this client over the years, and we’re proud to once again provide a timely solution that secured production and ensured on time shipping. Acting quickly and effectively is what allows our clients to stay on track with critical seasonal orders. We’re committed to being a reliable finance even during the current ever-changing tariff environment.”