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News Stories (28 Results) - Trade Finance

Gateway Trade Funding, a PO and Trade Financing company, recently funded a $300,000 purchase order facility for PPE that was referred by a hedge fund.A hedge fund had a fish and tackle company client that needed additional financing. The company... view press release
September 16, 2021, 06:00 AM


Marco, the first tech-enabled financing platform built for small and medium-sized exporters in the United States and Latin America, raised $82 million in seed funding. Led by Kayyak Ventures, the company has increased its credit line to $100M... view press release
July 14, 2021, 07:00 AM


King Trade Capital (KTC) announced a new $8,000,000.00 trade finance relationship with a California-based home goods and party supply company that has a fast-growing relationship with one of the world’s largest online retailers. KTC was introduced... view press release
January 30, 2019, 09:00 AM


Gateway Trade Funding, a Purchase Order and Trade Financing company, completed ten transactions for U.S. and international importers and exporters Gateway Trade Funding provides companies across several industries the ability to purchase inventory... view press release
January 24, 2019, 07:00 AM


ANZ, Banco Santander, BNP Paribas, Citi, Deutsche Bank, HSBC and Standard Chartered have announced a joint initiative to build a digital “Trade Information Network” by the end of 2018. The founding banks have signed a corresponding Memorandum of... view press release
October 22, 2018, 08:01 AM


HSBC and ING Bank have successfully executed a live trade finance transaction for international food and agriculture conglomerate Cargill using R3’s Corda scalable blockchain platform.The blockchain transaction involved a bulk shipment of soybeans... view press release
May 17, 2018, 07:00 AM


DS-Concept has completed the funding of a $1.5 million trade finance facility for a U.S. subsidiary of an Iceland-based seafood processor and exporter. The client, an importer and wholesaler of fresh and frozen Atlantic Cod from Iceland, has received... view press release
February 08, 2018, 07:00 AM


DS-Concept announced that it has provided a $2 million post shipment finance facility to a 20 year old network communications technology company with a niche in hard commodity industries. The company is based in the US with 4 international locations... view press release
October 25, 2017, 07:00 AM


TradeCap announced the recent closing of a $500,000 Trade Finance Facility with a fast growing, Colorado based toy company. The Company experienced exponential growth in FY 2016 and sales through 2Q2017 had already surpassed that of the prior year. ... view press release
August 23, 2017, 07:00 AM


DS-Concept announced that it has provided an eight figure credit facility to an advertising technology group headquartered in the U.S. and selling to major global advertising agencies. The ad-tech company is using this facility to create critical... view press release
May 19, 2017, 08:00 AM


DS-Concept, a global commercial finance company specializing in non-recourse factoring and trade finance, has provided a Hong Kong-based apparel exporter with a $5 million export factoring facility.  The client, who exports to brands such as Coach... view press release
November 29, 2016, 07:22 AM


DS-Concept, a leading provider of international trade finance and factoring, announced that Chris Chang, currently CEO for the United States and China, will be promoted to CEO, Head of Global Sales effective immediately. In this newly created role... view press release
November 08, 2016, 07:34 AM


ExWorks Capital announced it provided $3 million in working capital financing to a professional services company. This Virginia based company specializes in IT services as well as consulting.  The company's customer base includes federal government... view press release
October 07, 2016, 07:28 AM


Capstone Business Funding, LLC closed a spot factoring facility for a Texas-based plumbing contractor. Capstone Capital Group, LLC closed an $21 million in a purchase order financing facility and Capstone Credit closed a $25 million in a recourse... view press release
July 08, 2016, 07:12 AM


Capstone announces two recent fundings. They are: Capstone Credit LLC closed a $750,000 factoring facility for e New York Times bestselling cookbook author.  The author has published two books under the facility with a third booking pending for... view press release
June 10, 2016, 07:21 AM


Trade Finance Solutions, Inc. (TFS) announced it has provided a $2 million accounts receivable financing facility to an Alberta, Canada company that supplies the energy and mining industries with products and materials to protect surface and ground... view press release
September 09, 2015, 07:26 AM


ExWorks Capital announced it closed a $3 million export and trade finance facility to a Boston-based company that provides proven technology solutions to data storage and information management markets targeted for financial services, healthcare and... view press release
August 13, 2015, 07:46 AM


A Texas-based manufacturer builds and installs aircraft test facilities (hush houses) and aero engine test facilities worldwide for the U.S. Air Force, U.S. Navy, the Korean Air Force, the Danish Air Force/Coast Guard and the United Arab Emirates... view press release
June 30, 2015, 07:02 AM


Coral Capital Solutions announced it provided a $2.4 million factoring facility for the acquisition of a direct mail and fulfillment business in the Northeast. The buyers identified the potential for significant growth in this women-owned business... view press release
February 25, 2015, 07:29 AM


Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex") announced the closing of a U.S.$40 million, 36-Month Senior Secured Trade Finance Term Loan for Peruvian-based Banco Financiero del Peru S.A. ("Banco Financiero" or the "Borrower"). Banco... view press release
December 29, 2014, 07:19 AM


Federal National Commercial Credit announced that John Buanno has joined the company as a senior business development officer in the Florida market. Buanno has spent the last four years working with Bibby Financial Services providing asset-based... view press release
December 10, 2014, 07:48 AM


Banjo & Matilda, Inc., an emerging Australian fashion lifestyle brand announced that it has entered into a $1.5 million trade facility with Sallyport Commercial Finance, a factoring and asset-based lending company. Banjo & Matilda will be able to... view press release
August 28, 2014, 07:31 AM


Together with the effort of the Azadian Group, Gerber Finance Inc. funded a $3 million line of credit funding to System Freight, Inc. System Freight, Inc. (“SFI”), founded in 1975 by late James LaMarca is a specialized truckload carrier that... view press release
April 11, 2014, 07:29 AM


Amerisource announced the closing and funding of a $5 million revolving credit facility for a transportation and logistics company headquartered in California.  This growing company has experienced tremendous growth with a Fortune 100 customer base... view press release
January 21, 2014, 07:17 AM


King Trade Capital announced the recent funding of a $3 million trade finance commitment to a Massachusetts based importer and distributor of sporting goods accessories. The company is fortunate to receive its’ largest ever seasonal sales orders from... view press release
July 23, 2013, 08:49 AM


King Trade Capital (KTC) announced the recent funding of a $5 million U.S. dollar trade finance facility for a Dubai-based and Isle of Man domiciled fuel trading company.The client is a past KTC customer that grew sales from tens of millions to over... view press release
May 02, 2013, 07:12 AM


CIT Group reported net income of $163 million, $0.81 per diluted share, for the first quarter of 2013, compared to a net loss of $427 million, ($2.13) per diluted share, for the first quarter of 2012.  The loss in the year-ago quarter was primarily... view press release
April 23, 2013, 07:57 AM


As part of a global plan to expand its SME trade finance business, Bibby Financial Services (BFS) has recruited veteran international trade expert Tony Brown as head of Trade Finance – Americas. Brown’s mission will be to drive BFS’s existing... view press release
January 16, 2013, 08:11 AM