“One hundred years ago, you would have day clothes for the street, dinner clothes for the restaurant, theater clothes, and so many genres of dress. Those barriers have come down. Athleisure is the ultimate breaking down of barriers.” -Deirdre Clemente, Fashion Historian, UNLV
A national Branded Sportswear Reseller was in need of an effective Supply Chain Finance Solution to increase inventory for company growth and profit objectives. Market demand for Client’s branded sportswear products was growing, but traditional funding sources were unable to keep up with Client’s supply chain logistics and funding needs. Given the constraints and limitations imposed by traditional funding sources.
Our Client was pre-approved for an unsecured ‘Revolving Trade Facility’ of $1,500,000 and purchased directly with their vendors. The process expedites purchase and sales transactions and frees-up working capital locked in the supply chain by removing administrative complexities and costs inherent in traditional trade finance. Our Client now has the leverage and flexibility of a ‘Cash Buyer’ for early settlement of 100% of invoice. They have earned ‘Preferred Buyer’ status from vendors, securing discounts and the best possible terms.
Kitchen & Bath Cabinet Manufacturer
The kitchen is the most important room in your home because it is the center of your family’s day-to-day living. Your day most likely begins in your kitchen with a cup of coffee or energizing breakfast to start your day. You deserve to begin every day in a tranquil environment. You prepare meals for your family in your kitchen and probably even eat in your kitchen. Your family and guests often gather in the kitchen to socialize, eat, and cook together. Your kitchen is a bonding area that not only ties your home together, it ties your loved ones together.
A national Kitchen & Bath Cabinet Manufacturer in need of an effective Supply Chain Solution to maintain company growth and profit objectives. Market demand for company’s broad product line was growing rapidly, but the funding needed to keep up with market demand was not. Our Client was approved for an unsecured ‘Revolving Trade Facility’ of $750,000 and negotiated binding (‘blockchain like’) purchases directly with their vendors. The process has freed working capital from the supply chain, removed administrative complexities and costs of traditional trade finance.
Specialty Coffee Importer
Coffee means simplicity. Coffee means community. Coffee means bringing people together. Coffee means starting the day right. Coffee means supporting local business as well as global coffee farmers. So here’s to helping coffee drinkers start their day right and supporting coffee businesses.
A high-end Specialty Coffee Importer needed to fuel the continued growth of their high-end Specialty Coffee business. TradeRiver provided an effective solution with its comprehensive funding and digital transaction process. By stepping out of the middle and letting the Client (Buyer) and their Sellers transact directly, TradeRiver eliminates the bottlenecks, administrative complexities and costs inherent in traditional Trade Finance.
MEDICAL EQUIPMENT DISTRIBUTOR
Long term care and homecare is such a significant part of our lives. The importance of long term care and homecare will affect us at least twice in our lifetime. Once for our loved ones, and again for ourselves. It’s important to all of us.
A distributor of medical equipment and furniture for the long-term care and homecare industries, was approved for a TradeRiver Revolving Trade Facility of $350,000 and can enjoy the benefits of our STEPS transaction platform. The new facility allows the Client to transact directly with their vendors like a cash buyer. They now have the funding needed to grow their business and take full advantage of vendor discounts and preferred buyer terms. The linked STEPS Sellers receive early payment for 100% of invoice in ‘Cash Funds’.
Refrigeration Equipment Distributor
Food is not just any business. It’s one of those businesses that has a relationship with the community. Existing growth, along with the potential for more, benefits the community. Supermarkets serve as the watering hole and epicenter of a community.
A growing refrigeration equipment distributor, has a TradeRiver ‘Revolving Trade Facility’ of $750,000 and access to our STEPS transaction platform. This has fueled faster, more profitable growth since our Client signed on 4 years ago. The platform provides needed working capital and expedites vendor payment. The Client has secured reduced pricing and additional distribution territory from their vendors. The linked STEPS Sellers receive early payment for 100% of invoice in ‘Cash Funds’. The improved cash flow has resulted in higher sales revenue and profitability for our Client.
Semiconductors are important to our everyday lives. Its role is often overlooked. Its purpose and place in our lives range from temperature sensors used in air conditioners, to Rice cookers cooking rice perfectly to personal and smartphones, digital cameras, televisions, washing machines, refrigerators and LED bulbs. Semiconductors are even used in bank ATMs, trains, the internet, communications and other parts of social infrastructure, such as the medical network used for the care of elderly, among other things. Semiconductors help us to live comfortable lives.
A leading independent distributor in the Global Semi-Conductor exchange, was approved for a $500,000 ‘Revolving Trade Facility’ and access to our unique STEPS Transaction Platform, allowing them to transact directly with their vendors like a Cash Buyer. They now have the funding needed to grow their business and take full advantage of vendor discounts and preferred buyer terms. The result has been improved margins, increased sales revenue and profitability. Our clients can fund as needed at any point in the supply chain cycle. Clients choose their own repayment due date, within 120 days of the purchase payment date and pay a single transparent transaction fee.