King Trade Capital announced full-year 2012 funding volume reached a record, with a 47% increase compared to a year-ago.
"2012 was a good year for King Trade Capital as our prospects and clients benefited from our solution based expertise during a flat economy," said Managing Partner Edward King. "We saw the continued benefit of our team’s disciplined focus on providing our referral sources, prospects and clients the best purchase order and structured inventory finance solutions available. King Trade Capital’s long history and financial strength is attracting more clients due to the integrity and consistency we offer in a difficult economy.”
Chief Operating Officer Bryan Ballowe added, “Our record growth is true testament to our team’s continued hard work, expertise, and unrelenting attention to providing the best service in the industry. Even with the overall uncertainty we all faced in 2012, as well as the continuing low interest rates and high unemployment going in to 2013, King Trade Capital is well positioned to make 2013 even better.”
King Trade Capital is the oldest and largest independent provider of purchase order and structured inventory finance in the United States.