Dallas, Texas (PRWEB) June 13, 2013
King Trade Capital (“KTC”) the nation’s largest independent source of purchase order finance is seeing growth in export finance volumes from its portfolio of small to medium sized businesses. The U.S. Commerce Department, Bureau of Economic Analysis (BEA) report released on June 4, 2013 highlighted that US businesses exported $187.4 billion in goods and services in April 2013. This is the second highest level of exports ever and is in line with the healthy activity seen with KTC’s export clients. These export numbers are only topped by the $188.7 billion exported in December of 2012.
Purchase order, trade, and structured inventory finance all provide solutions for small to middle-market companies to grow sales by helping increase the ability to buy necessary inventory. King Trade Capital’s Founder and Managing Partner, Edward King, states, “This year alone our export finance numbers have doubled from this time last year and we are seeing increased demand for our purchase order and trade finance solutions.”
According to the U.S. Commerce Department report the increase between March and April reflected a $2.0 billion increase in consumer goods. Additionally, there was a $0.9 billion increase in capital goods as well as a $0.6 billion increase in automotive vehicles, parts, and engines. KTC is fortunate to be offering purchase order finance solutions for several growing companies that are benefiting from the export growth seen nationally.
Purchase order financing provides the flexibility that companies need in order to purchase more inventories to fulfill growing sales. It is an excellent solution for companies that cannot obtain additional traditional financing whether because of the size of their balance sheet, age of their business or a turnaround scenario. “King Trade Capital being the largest independent purchase order and contract finance provider allows us to offer our clients and prospects solutions that other finance sources cannot provide. Whether a company is a manufacturer, distributor, wholesaler, importer or exporter KTC has the expertise and financial capacity to offer a growth capital solution,” says King.
ABOUT KING TRADE CAPITAL
King Trade Capital (“KTC”) is the United States oldest and largest independent purchase order and contract finance company. KTC offers specialized purchase order, contract and trade finance solutions for small to middle-market companies in the US, Canada and UK. Since 1993, KTC has provided more than $1.5 billion of capital in over 300 public and private companies worldwide. Through our extensive financial resources and our team’s expertise, we are able to offer our client companies financial, strategic, and business development support not available elsewhere. Our focus is on building our client companies’ profits and creating long term value for equity holders. For more information on King Trade Capital, visit http://www.kingtradecapital.com/.
King Trade Capital (“KTC”) the nation’s largest independent source of purchase order finance is seeing growth in export finance volumes from its portfolio of small to medium sized businesses.