11:32 AM EDT, 08/27/2025 (MT Newswires) -- Flexport, a supply chain technology company, said Wednesday it is collaborating with funds and accounts managed by BlackRock ( BLK ) to offer up to $250 million in inventory and supply chain financing to its clients.

Through Flexport Capital, the program will provide companies with working capital for inventory, shipping, term loans, credit facilities, and tariff financing, all embedded within Flexport's logistics platform.

The partnership with BlackRock ( BLK ) is expected to expand the scale and flexibility of financing options available to customers, the company said.

BlackRock ( BLK ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources, but may include rumor and speculation. Accuracy is not guaranteed.)

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