Structured trade finance programs — the kind Fortune 500 companies use to manage working capital across their supplier and customer networks — have been structurally inaccessible to some mid-market corporates.
The barrier is not demand, and it is not capital. Mid-market corporates have the receivables, the payables, and the working capital need. Institutional private credit has been actively seeking short-duration, self-liquidating assets for years. The barrier is operational.
Trade finance is operationally heavy on both sides of the transaction. For corporates, running a supply chain or payables finance program across thousands of suppliers is a full-time discipline many mid-market companies simply cannot staff. For capital providers, the servicing workload — onboarding, verification, reconciliation, settlement, exception handling, reporting — pulls focus away from material value generation.
Today, Price Ridge Capital launches to absorb the operational weight on both sides — giving mid-market corporates access to trade finance without having to build an internal program team, and giving private credit partners a serviced asset class without having to build a trade finance operation.
Price Ridge’s flagship product is an extended payables program, which gives buyers longer payment terms without impacting supplier health. The firm also offers supply chain finance, which gives suppliers early payment on receivables owed by the corporate, and accounts receivable finance, which converts a corporate’s outstanding receivables into immediate working capital. In each case, Price Ridge owns the full operational lifecycle — sourcing, structuring, supplier onboarding, financing, repayment, reporting, risk management, and compliance.
Price Ridge’s core was built AI-native on top of the trusted rails of institutional trade finance and banking. The institutional infrastructure has always been strong on the capital side — distribution, settlement, servicing — but weaker on the corporate and supplier side, where onboarding, verification, exception handling, and reporting have historically required large operations teams. That is the work Price Ridge’s AI-core handles, and it is what makes mid-market programs economically viable for the first time.
“PE sponsors notice these needs inside portfolio companies — working capital sitting in receivables or payables that nobody has the right tool to unlock. Commercial bankers recognize them too, often at the moment they are declining a loan that doesn’t fit the credit box but that trade finance could serve well. Price Ridge is the call both can make — without adding debt to the capital stack or competing with the banking relationship.”
— Mike Walker, Founder and CEOExpanding Deal Flow
Price Ridge was built to solve challenges that private equity sponsors and commercial bankers encounter regularly but often cannot address with their existing tools.
For PE sponsors, Price Ridge offers a way to unlock liquidity at portfolio companies without adding balance sheet debt, renegotiating covenants, or disturbing the capital stack. Most facilities are non-dilutive, off-balance-sheet, and can be structured in weeks rather than quarters.
For commercial bankers, Price Ridge provides a way to say yes to client requests that fall outside the bank’s credit window. Because the facilities are funded by private credit rather than bank capital, Price Ridge is structurally complementary to the banking relationship, not competitive with it. The banker keeps the client; the client gets the capital.
Price Ridge’s programs are designed for corporates with $20 million or more in annual revenue — companies large enough to have meaningful supplier and buyer relationships, but often underserved by platforms built for Fortune 500 scale.
Built on Institutional-Grade Experience
Walker founded Price Ridge after a career spent building the technology and operational infrastructure behind institutional trade finance platforms. As CTO and COO of Receivables Exchange — backed by Bain Capital Ventures and the New York Stock Exchange — he led the operations team that won the Wall Street Journal’s Most Innovative E-Commerce Technology award. He went on to co-found LiquidX, which acquired Receivables Exchange and settled over $1 billion in trades per month under his product, technology, and operational leadership. Most recently, as CTO of Raistone, he scaled financed facilities from under $1B to over $15B and led deep integrations with Oracle’s NetSuite and SAP’s Ariba networks.
“Price Ridge is the first firm built from the ground up to deliver that infrastructure to the segment of the market that has never had it — and to the capital providers who want to fund it.”
— Mike Walker, Founder and CEOAbout Price Ridge Capital
Founded in 2026, Price Ridge Capital sources, structures, and services supply chain finance, extended payables, and accounts receivable finance programs for mid-market corporates and PE-backed portfolio companies, funded by institutional private credit partners. The firm is headquartered in West Palm Beach, Florida.
Media and referral inquiries: info@priceridge.com