From the toothpaste you squeeze to the shirt on your back, or the book that you are reading, the agriculture industry is deeply seeded in your everyday life. Before the Industrial Revolution, agriculture was the primary economy source. Today, agriculture continues to play an important source for livelihood.
An Ag Equipment Distributor Company in the Midwest needed to improve its flexibility to take advantage of ad hoc buying opportunities that would come up from time to time. As a client, the Company now had the confidence to bid aggressively, knowing that they could turn around and purchase large equipment pieces on the same day and have up to 120 days to pay. All without impacting or interfering with his existing banking relationships and without any collateral required.
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.
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.
Specialty Cigar Producer and Distributor
Cigars are an experience not just a product. They are met with passion and craftsmanship. The cigar smoking ritual is enhanced by design, artistry, and practicability. The cigar is a product that will withstand the test of time, be enjoyed for many a lifetime, and grow in commitment to quality.
Our Client needed a reliable purchase facility to buy tobacco blends and custom boxes from local and international suppliers. Customer fulfillment times are tight and their suppliers often require cash payment for products pre-shipping or pre-fulfillment for specialty products.
TradeRiver’s preapproved Revolving Trade Facility and digital platform is the solution. Client now places orders with suppliers seamlessly on our digital platform, TradeRiver pays their suppliers in non-recourse cash funds at time of order or pre-order if Client chooses. Client repays TradeRiver in up to 120 days for each transaction executed
Solar System Installer and Roofing Contractor Supply Chain Solution
The way that we utilize power has changed dramatically. Traditionally, the worlds resources were finite; however, solar energy captures renewable energy from the sun to alleviate energy costs and heightened climate change and shift the focus to sustainability and clean energy.
A contractor specializing in solar system contracting and roofing was approved for a $2,000,000 Revolving Trade Facility from TradeRiver USA. They can now take on backlogged projects, increasing sales revenue and adding profit to their bottom line. TradeRiver’s unsecured revolving trade facility is an off balance sheet solution that does not impact the Client’s ABL facilities, existing bank commitments, covenants or guaranties.
Through their preapproved Revolving Trade Facility and our online paperless platform our Client now places orders with suppliers for products and services, pays in cash funds on the same day, while choosing to repay TradeRiver within a 120-day window.
Luggage Manufacturer and Wholesaler
We live in an age of access. Anyone can go anywhere they want to at their convenience. No matter the destination, the world is a shared place. Luggage makes the experience mutually exclusive to travelers and defines travel standards.
A valued Partner recently introduced us to the Client, a luggage manufacturer and wholesaler in need of a flexible supply chain funding solution and purchase system to grow their business with. TradeRiver provided exactly the right solution to meet the Clients ongoing supply chain needs.
Our pre-approved ‘Revolving Trade Facility’ and digital transaction system for cross border and domestic purchases gives our Client the power of a ‘Cash Buyer’ and eliminates the onerous complexity associated with traditional cross border trade. The Client now purchases containers from their Asian suppliers, the suppliers are paid in Cash equivalent funds, and the Client repays TradeRiver in up to 120 days for each transaction.
Branded Sportswear Reseller
“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.
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.
Aviation Engine Refurbishing Buyer
Aviation is all about the consumer and the lifestyle. As technology continues to advance, change is on the horizon in the aviation industry. The passenger experience is likely to transform and exceed expectations making it a leisurely and fond part of your memorable journey.
Time is of the essence in the aviation engine refurbishing business. By signing up with TradeRiver USA the company is now able to pay their suppliers of engines on the day purchased. By using TradeRiver USA's secure paperless online platform, the company can now execute their purchase orders from inception to delivery within 24 hours. As we have been told, the security of knowing they can fund the day they commit is invaluable to their business. All without any collateral or security required.
A life of luxury is all anyone can ask for, and consumers are asking for a change. Trendsetting generations entering the luxury market are fully digitized and redefining the luxury experience. The inclusive element continues to remain constant and manifest the alluring appeal of the sexy industry.
Because of our ease of use, and being paperless, TradeRiver USA was the perfect solution for an importer of a particular luxury item. Being an online business, it made sense to use an online platform that was secure and enabled them to transact in real time and execute their purchase order from inception through delivery. A win win for the Importer and their Supplier.