King Trade Capital Provides Import Finance Solution to Japanese Whisky Brand

King Trade Capital financed a new Japanese whisky brand that is being rolled out to major liquor store chains across the U.S.

King Trade Capital was contacted by a banker that was familiar with the business from past direct inter-creditor experience. The banker was approached by a beverage business to help finance the roll-out of its new Japanese whisky brand. The banker put the company in touch with King Trade Capital as the risk was more in line with King Trade Capital’s PO finance discipline.

King Trade Capital took on the production risk to get the Japanese distilleries to bottle the whisky while King Trade Capital’s client collected and finalized $5.6 million in initial orders.

King Trade Capital provided cash payments to get the liquid bottled at the distilleries and is paying the balance upon completion and shipping from Japan. King Trade Capital provided the client a $3.7 million finance solution to start its new brand.

Due to King Trade Capital’s commitment and funding, the company can execute and collect orders that are far in excess of the inventory from the first production run. The company will double its purchase for the next production run utilizing King Trade Capital based on the unmet demand from the first deliveries.

King Trade Capital is working in conjunction with a factor that is advancing on the receivables once the goods are delivered to the end customers.

“This is an excellent example of the value add that King Trade Capital brings as a PO finance partner when a business is trying to scale sales. Our client has launched a new brand and hasn’t had to sell equity to do so,” Andrew Chong at King Trade Capital said.