TradeCap Partners Secures $600K PO Facility for Christmas Goods Importer

TradeCap Partners secured a $600,000 purchase order finance facility for a Texas-based seasonal Christmas goods importer.

Continuous year-over-year growth combined with increased production and shipping lead times over the past 24 months lengthened the company’s cash conversion cycle. In an effort to make sure products arrived well ahead of schedule for the holiday season, the company made the decision to bring forward production and shipping dates. While prudent, it required additional financing. Having spoken with TradeCap last season following an introduction from its banker, the company reconnected and outlined its seasonal needs.

Familiar with the business and its management, TradeCap expedited closing and funding. Payments were made to suppliers for the initial container shipments. Further availability was carved out for subsequent shipments to be made over a two-month period, including freight and duties.

TradeCap’s solution provided the cash flow bridge the company needed, ensuring shipment dates from its overseas supplier remained on schedule.