TradeCap Partners, LLC Announces $5 Million Purchase Order Funding Facility for Recreational Sporting Goods Manufacturer
DALLAS, Texas – TradeCap Partners, LLC ("TradeCap"), a leading provider of Purchase Order Funding, is pleased to announce the closing of a $5 million Purchase Order Funding facility for a U.S.-based recreational sporting goods manufacturer.
TradeCap was introduced to the company by its existing senior lender, which recognized the need for an additional working capital solution to support the manufacturer's rapidly growing order volume and upcoming deliveries to nationally recognized U.S. big-box retailers.
The facility will provide funding for 100% of the direct cost of goods, enabling the company to secure payment for critical components from domestic suppliers and efficiently fulfill customer purchase orders. The additional liquidity allows the company to confidently execute large-scale production requirements while maintaining timely delivery commitments to key retail customers.
TradeCap completed its underwriting and approval process within 10 business days, delivering a customized financing solution that enabled the company to meet time-sensitive production schedules and customer delivery deadlines.
"Purchase Order Financing plays a critical role in helping growing companies capitalize on significant sales opportunities without giving up equity at depressed valuations, while alleviating undue strain on existing supplier and customer relationships. This is exactly the benefit we provided in this situation. Our client is poised to triple sales over the coming calendar year based on existing backlog of customer orders" remarked Bryan Ballowe, Managing Partner of TradeCap Partners. "Additionally, we are pleased to have partnered with the company's existing senior lender to provide a solution that supports continued growth and successful execution of these important customer orders."
The transaction highlights TradeCap's ability to work alongside commercial lenders to provide complementary working capital solutions that bridge funding gaps, support supply chain needs, and help businesses fulfill large customer orders.
About TradeCap Partners, LLC
TradeCap Partners, LLC is a Dallas-based specialty finance company providing Purchase Order Financing, trade finance, supply chain finance, and working capital solutions to businesses across a wide range of industries. TradeCap works collaboratively with senior lenders, factors, and other capital providers to help companies access the liquidity required to support growth and successfully execute on large customer opportunities. For more information, contact Bryan Ballowe (bballowe@tradecappartners.com) or Clinton Stanton (cstanton@tradecappartners.com), or contact us at 214-800-2092.