UPS Capital

What is UPS Capital?

UPS Capital, a subsidiary of United Parcel Service of America, Inc., specializes in finance and insurance services aimed at mitigating risks associated with international trade and supply chains. They provide a suite of products tailored to protect businesses from unexpected events that could disrupt operations and cause financial losses.

With a heavy focus on cargo and supply chain financing, UPS Capital offers cargo and flexible parcel insurance, ensuring goods are covered against loss and damage, which also includes protection against porch piracy. They extend their services to offer commercial term loans, equipment leasing, and government guaranteed loans, supporting businesses with their growth initiatives.

Additionally, UPS Capital provides revolving lines of credit, which ensures that companies have access to flexible working capital to finance their ongoing operations. For businesses involved in high-volume credit card transactions, they offer solutions to facilitate smooth payment processing.

Their asset-based loans cater to companies requiring funds against their balance sheet assets, such as inventory or receivables. Further, they specialize in cargo and export financing, helping firms to finance their international trade activities effectively.

Receivables management solutions are part of their service range, aimed at streamlining the collection process and improving cash flow efficiency. A critical component of their offering is letters of credit, which provide a guarantee to sellers that they will receive payment as long as the services or goods are delivered according to the specified terms.

Overall, UPS Capital leverages the robust network and reputation of UPS to provide financial and insurance solutions that instill confidence and peace of mind for businesses managing global supply chains. The numbers they publish illustrate their reach and impact, with claims paid annually to over 280,000 customers and global annual declared values of goods reaching $236 billion USD.

Their services have shielded more than 690,000 shippers worldwide, underscoring their considerable presence in the international trade and logistics industries.