Flexport, a leading supply chain technology company, has partnered with BlackRock to provide up to $250 million in inventory financing to its customers. This partnership will enable Flexport to offer flexible working capital options, including term loans and asset-based lines of credit, fully integrated within its logistics ecosystem.
The new collaboration allows customers to access funding at any stage of the product lifecycle without complex fees or documentation. According to Flexport’s Chief Financial Officer, Stuart Leung, “Global trade runs on cash flow, and too many great businesses fall behind simply because they can’t fund the gap between when they buy inventory and when they sell it.”
Since launching its financial services arm, Flexport Capital, in 2017, the company has provided over $2 billion in financing to customers. This partnership with BlackRock will expand the range and size of financial services delivered to those customers.
Flexport aims to make global commerce as simple and reliable as flipping a light switch. With its mission to simplify logistics and customs compliance, the company connects every step of the supply chain from factory floor to retail stores and consumers’ doors in a seamless technology platform that saves companies money while delivering superior experiences for their customers.
For more information on Flexport Capital and supply chain financing solutions, visit flexport.com/products/capital/.
Source: https://www.businesswire.com/news/home/20250827741127/en/Flexport-Partners-with-BlackRock-to-Provide-%24250-Million-in-Inventory-Financing-for-Customers