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Flexport secures $200 million credit facility via KKR accounts
By Marisa Wong
Los Angeles, Oct. 20 – Flexport Capital, the trade financing arm of Flexport, Inc., announced it has secured a credit facility of up to $200 million from separate insurance accounts managed by KKR, according to a press release.
The company said the credit facility will allow it to continue to build an industry-leading financing product and to further invest in client growth and geographic expansion.
Flexport is a San Francisco company focused on supply chain management and logistics.
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