King Trade Capital Provides a $1.8MM Purchase Order Finance Solution

King Trade Capital is pleased to announce the closing of a $1.8MM purchase order finance facility for an aerospace parts company in support of their newly awarded U.S. Air Force contract.

The client approached King Trade Capital seeking a fast and flexible finance solution to support the acquisition and refurbishment of five nose landing gears required under the contract.

King Trade Capital was able to quickly underwrite the contract and provide the necessary funding to facilitate payments to the client’s supplier for the nose landing gears. The landing gears will be sent to a FAA certified facility to be refurbished and approved for delivery to the US Air Force.

The tailored finance solution from King Trade Capital provides the Client with the financing solution to purchase necessary aerospace components and have them refurbished or manufactured for delivery under their growing government contracts.

For 32 years, King Trade Capital has helped small to medium sized companies grow their sales and profits by providing PO and supply chain finance solutions. KTC is operated by its founder and its entrepreneurial team that understand the financial needs of operating and growing a business. As pioneers in purchase-order financing and non-bank trade finance, King Trade Capital has developed the expertise and unrivaled financial capacity to help companies become more prosperous by providing stable and unique PO and supply chain finance solutions. Visit www.kingtradecapital.com or call 214-368-5100.