Tradecycle Capital Delivers Three New Accounts Payable Finance Facilities in November

Tradecycle Capital, an Indianapolis-based trade finance provider, announced it funded three new revolving accounts payable funding facilities in November. The first is a $3,000,000 limit to a private equity-backed market leader in commercial concrete construction.  The second is a $3,500,000 limit to a fourth-generation family-owned designer, manufacturer, and distributor of a broad range of home storage products.  The third is a $500,000 limit to a family-owned manufacturer of components for the RV industry.  Tradecycle’s product enables each of the companies to expand their purchasing. 

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 the 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.