Tradecycle Capital Delivers Two New Accounts Payable Finance Facilities in March

Tradecycle Capital, an Indianapolis-based trade finance provider, announced it funded two new revolving accounts payable funding facilities in September.  The first was a $1,500,000 limit to a privately held manufacturer and distributor of specialty apparel who was introduced to Tradecycle by their senior lender.  The second was a $1,000,000 limit to a private equity-owned manufacturer of specialty sports equipment.  Both programs are unsecured and supplemental to their senior lending facilities.

By extending their accounts payable payment terms without stressing their vendor relationships, all Tradecycle customers draw more working capital into their operating cycles and support Sales growth. This enables companies to improve cash flow and add value to all stakeholders involved in the businesses.

About Tradecycle

Founded in 2016 by Justin Goheen, Tradecycle provides unsecured accounts payable finance solutions that work seamlessly with senior credit facilities to supplement the working capital needs of its clients.  The technology driven solution provides an additional tool to assist clients in managing their working capital through extended payment terms.  For more information visit www.tradecyclecapital.com.