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News Stories (56 Results) - King Trade Capital

King Trade Capital announced the completion of a $2.4MM purchase-order finance facility for a Florida-based, minority-owned government contractor.A financial consultant, who had previously utilized KTC to finance another government contractor... view press release
January 15, 2020, 09:00 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


King Trade Capital (KTC) announced the addition of the newest client in its portfolio. The company is a 26-year-old, Florida-based telecommunication supplier run by a seasoned team in the telecom service and distribution business. KTC was introduced... view press release
January 17, 2019, 08:00 AM


Edward King, Founder and Managing Partner of King Trade Capital is to be a panelist at the Commercial Finance Association’s 74th Annual Convention in San Diego. The Commercial Finance Association’s 74th Annual Convention brings together the asset... view press release
October 15, 2018, 08:00 AM


King Trade Capital announced the completion of a $5 million purchase order finance facility for an Arizona-based textile products company. King Trade Capital recently was contacted by and old client to help a new quickly growing company that needed... view press release
June 13, 2018, 07:00 AM


King Trade Capital announced 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... view press release
December 13, 2017, 07:00 AM


King Trade Capital announced the financing of two new client relationships in November. These new purchase order and trade finance relationships illustrate the ever changing creativity of the King Trade capital team to support the changing needs of... view press release
December 04, 2017, 07:00 AM


King Trade Capital has been featured in a new book titled, "Tools and Strategies for Export," written by a well-known trade banker Cornelio (Onnie) Sumangil. Sumangil has 40 years of trade finance expertise working as a trade finance specialist at... view press release
September 28, 2017, 07:00 AM


King Trade Capital announced the funding of a $2 Million commitment for an exciting and unique pop culture products company on the west coast. The company develops licensed pop culture products for people and pets and has seen remarkable growth in... view press release
September 07, 2017, 08:01 AM


Edward King, Founder and Managing Partner of King Trade Capital, has been selected to be a panelist at the 27th BAFT Annual Conference on International Trade in Chicago. BAFT (Bankers Association for Finance and Trade) is an international banking... view press release
August 16, 2017, 07:00 AM


Edward King, founder and Managing Partner of King Trade Capital, has been selected to be a panelist at the MAGIC trade show in Las Vegas. MAGIC is the largest convention and trade show for the garment and clothing industry, exhibiting the latest... view press release
July 24, 2017, 07:00 AM


King Trade Capital announced the closing of a purchase order facility for a New York-based fragrance and accessories company. The company, a startup with an experienced management team, was in need of a flexible finance solution to help support the... view press release
June 20, 2017, 07:00 AM


King Trade Capital was approached by a chemical trading company located in the Northeast to help provide an immediate financing solution to help the company fulfill time sensitive deliveries of a chemical additive used to produce latex paint.  KTC’s... view press release
March 09, 2017, 07:03 AM


King Trade Capital (“KTC”) announced the funding of a $7 million PO finance facility for a drinkware importer based in Oklahoma. KTC was approached by a large national bank with a referral to a one-year old importer of drinkware that had established... view press release
October 18, 2016, 07:32 AM


King Trade Capital announced the funding of a $1.2 million production finance facility for an equipment supplier to Samsung.  A large national factoring company recently contacted King Trade Capital (“KTC”) regarding a prospect with a $3.5 million... view press release
September 22, 2016, 07:38 AM


King Trade Capital recently closed and funded a purchase order finance facility for a West Coast-based toy distributor selling through wholesale and retail channels. The client was referred to King Trade Capital by their existing factor seeking a... view press release
September 08, 2016, 07:19 AM


King Trade Capital announced the financing of a $4.5 million trade finance facility for a Utah based ski and outerwear company. The financing allows the company to buy seasonal inventory from more than ten different suppliers around the world. The... view press release
July 27, 2016, 07:52 AM


King Trade Capital announced it recently closed a $250,000 production finance facility for a Texas-based manufacturer of chocolate products. The company was introduced to King Trade Capital by its outsourced CFO seeking a solution to help it support... view press release
July 26, 2016, 07:21 AM


King Trade Capital closed a $2 million purchase order facility for a Texas based aviation parts supplier selling to domestic and foreign military and commercial customers.Following a transition in ownership, the client entered a new relationship with... view press release
June 20, 2016, 07:43 AM


King Trade Capital announced the completion of a $1 million purchase order finance facility for an early stage ladies apparel company based in California. The company specializes in selling modern women’s apparel to large discount retailers. The... view press release
June 07, 2016, 08:01 AM


The International Factoring Association (IFA) Northeast Chapter announced the new composition of officers to its board. The IFA Northeast Chapter new leadership board includes: Executive Director - Harvey Gross of HSG Services, Inc. Chairman -... view press release
June 02, 2016, 07:55 AM


King Trade Capital announced the closing of a $1.5 million production finance facility for a manufacturer of skin care products. The company is owned by a private equity investor with investments in the consumer products space. Over the past several... view press release
March 24, 2016, 07:44 AM


King Trade Capital announced the recent funding of a $750,000 purchase order facility for a small California based importer and wholesaler of electronics and related accessories. The company is experiencing excellent growth due to the fact their... view press release
February 11, 2016, 07:53 AM


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... view press release
January 27, 2016, 08:02 AM


King Trade Capital announced it has established a $1 million supply chain finance solution for a Texas based startup. KTC was contacted by a nationwide factor to help accelerate the startups sales growth in the apparel industry. The owners of the... view press release
October 14, 2015, 07:19 AM


King Trade Capital announced it extended a $3.5MM purchase order finance facility to a Christmas gift importer holding $5MM of orders from big box retailers. The client reached out with a problem they needed help solving. Last year, the company made... view press release
August 04, 2015, 07:37 AM


King Trade Capital announced the recent funding of a $1.4MM purchase order facility for a Texas based importer and distributor of leather goods and accessories. The company, having been in operation only two years, was having difficulty securing the... view press release
July 14, 2015, 07:39 AM


King Trade Capital announced the funding of a $2.5 million export finance program King Trade Capital (KTC) is the oldest and largest non-bank purchase order and trade finance company in the United States. KTC has for more than 22 years provided... view press release
July 07, 2015, 07:18 AM


King Trade Capital announced the completion of a $750,000 production financing facility for a Texas based manufacturer.  The company historically had manufactured customized uniforms for a major commercial customer that made up the bulk of their... view press release
June 24, 2015, 07:47 AM


King Trade Capital announced the completion of a $1.5 MM purchase order facility for a California based importer of promotional and customer incentive products. King Trade Capital was contacted by the client after being referred by an international... view press release
June 22, 2015, 07:53 AM


King Trade Capital announced the recent funding of a $1.2 million purchase order finance facility for a California-based home furnishings and textiles company. King Trade Capital was contacted by the special situations group of a national asset-based... view press release
May 19, 2015, 08:01 AM


King Trade Capital announced the recent funding of an $800,000 purchase order facility for a Pennsylvania-based supplier of solar outdoor lighting. The company reached out to King Trade Capital for help financing the purchase of inventory to fulfill... view press release
May 04, 2015, 07:44 AM


King Trade Capital announced the completion of a $1 MM annual purchase order facility for a California based designer of women’s footwear.King Trade Capital was contacted by a national factoring company to help an existing Client grow. The client was... view press release
April 16, 2015, 08:04 AM


King Trade Capital (KTC) announced the recent funding of a $2 million purchase order finance facility for a New Jersey based importer of men’s apparel. KTC was contacted by a factoring company to help an existing client with a liquidity need spurred... view press release
January 22, 2015, 07:24 AM


King Trade Capital (“KTC”)  announced a $1 million  purchase order financing facility for a Maryland-based apparel designer and manufacturer. KTC was approached by a consultant who had previously worked with KTC with regard to a growing apparel... view press release
January 06, 2015, 07:23 AM


King Trade Capital is pleased to announce funding a $1.3 million seasonal purchase order facility for a licensed logo tool box supplier. The company completed a successful test program with a nationwide big box retailer in 2013 and was pleased to... view press release
November 06, 2014, 07:41 AM


King Trade Capital (KTC) announced the recent funding of a $1 million purchase order finance commitment for a Washington-based designer and importer of specialty cooking tools. After raising some initial capital from family members, this rapidly... view press release
October 15, 2014, 07:33 AM


King Trade Capital (KTC) announced the recent funding of a $1 million government contract finance commitment for a Florida-based company. The company is a distributor of surveillance equipment to a prime contractor of the U.S. Government.KTC was... view press release
September 24, 2014, 07:22 AM


King Trade Capital (KTC) announced the recent funding of a $10 million purchase order finance facility for a New Jersey based importer and distributor of consumer electronics.The Company’s bank contacted an asset-based lender seeking an alternative... view press release
September 09, 2014, 07:13 AM


King Trade Capital (KTC) announed the recent funding of a $1 million government contract finance facility for a New Jersey-based manufacturer of customized emergency and surveillance vehicles.A finance consultant introduced KTC to an operating team... view press release
May 28, 2014, 07:02 AM


King Trade Capital (“KTC”) announced the recent funding of a $10 million purchase order finance facility for a New Jersey and Hong Kong based importer and distributor of consumer electronics. KTC was approached by an investment bank representing the... view press release
April 16, 2014, 07:12 AM


The International Factoring Association (IFA), the largest association of commercial finance companies in the world, announced the formation of the Northeast Chapter (the “Chapter”). The Chapter will serve factors, asset based lenders, other... view press release
February 11, 2014, 07:31 AM


King Trade Capital (KTC) announced he recent funding of a $2.25 million purchase order finance facility for a Pennsylvania-based importer of sports fitness equipment owned by a private equity group.KTC was introduced to the client by an asset-based... view press release
December 03, 2013, 07:16 AM


King Trade Capital (KTC) announced the recent funding of a $750,000 supply chain finance commitment for an Ohio-based importer of accessories. A financial consultant introduced KTC to their client who was seeking to establish a supply chain finance... view press release
September 03, 2013, 07:39 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 $5.0 million purchase order finance commitment for an Illinois based importer and distributor of novelty, craft, and toy products. The investment banking arm of a New York-based specialty... view press release
July 12, 2013, 07:31 AM


King Trade Capital (KTC) announced the funding of a $1.1 million purchase order finance facility for a New York-based apparel designer and manufacturer. The finance facility was structured in two parts, one for finished apparel imports, and the other... view press release
May 22, 2013, 07:26 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


King Trade Capital (KTC) announced the recent cross border funding of an 850,000 British Pound ($1.3MM) purchase order finance commitment for a United Kingdom based importer of security equipment. KTC was introduced by the investment banking arm of... view press release
April 11, 2013, 07:11 AM


King Trade Capital (KTC) established a $1 million supply chain finance solution for a fluid pump designer and importer. KTC’s facility will allow the client to fulfill a six-figure backlog of orders and the ongoing relationship will allow the client... view press release
March 22, 2013, 07:07 AM


King Trade Capital announced the recent funding of a $2.5 million purchase order finance facility for a New York based importer of men’s apparel. King Trade Capital was introduced by the client’s factoring company as its client was seeking to... view press release
March 12, 2013, 08:04 AM


In a press release issued by King Trade Capital, the company announced a Connecticut and California based distributor of home goods and accessories approached King Trade Capital with a problem and an opportunity. For many years, the client had sold... view press release
March 07, 2013, 07:42 AM


King Trade Capital provided a $1.8MM purchase order facility for an eyewear frame and accessory designer. KTC’s financing offered a solution that allows the company to fulfill a $3MM national rollout for a big box retailer. KTC’s PO finance facility... view press release
March 01, 2013, 07:46 AM


King Trade Capital (KTC) announced the recent funding of a $1.25 million purchase order finance facility for a Florida-based importer of active wear apparel. King Trade Capital was introduced to the client by their factoring company after the client... view press release
January 28, 2013, 07:35 AM


King Trade Capital (KTC) announced the recent funding of a $1 million purchase order finance facility for a New York based importer of wireless accessories. KTC was introduced by the client’s factoring company as its client was seeking to establish... view press release
January 24, 2013, 07:11 AM


King Trade Capital announced full-year 2012 funding volume reached a record, with a 47% increase compared to a year-ago. "2012 was a good year for King Trade Capital as our prospects and clients benefited from our solution based expertise during a... view press release
January 14, 2013, 04:46 PM