Tradecycle Capital, an Indianapolis-based trade finance provider, funded a new $3,000,000 revolving accounts payable funding facility for a well-known sports equipment brand for professional and youth athletes alike.

The program enables the company to support seasonal swings in inventory levels and is unsecured and supplemental to their senior lending facilities. By extending their accounts payable payment terms without stressing their Vendor relationships, all Tradecycle customers draw more working capital into their operating cycles and support Sales growth. This enables the companies to improve cash flow and add value to all stakeholders involved in the businesses.