This company manufactures, markets, distributes and sells peanut-based products that include regular and chocolate powdered peanut butter, roasted peanut oil, peanut butter crackers, and other products.
ExWorks Capital provided the company with the additional liquidity to support expected growth and capital expenditures to meet that growth.
“The facility closed in three weeks from introduction and freed up money to purchase equipment and fulfill the interim working capital need.” stated Andy Hall, Chief Credit Officer at ExWorks Capital.
ExWorks Capital provides domestic, import and export trade financing offering financing solutions to businesses utilizing its own capital. ExWorks also carries Delegated Authority granted by both the SBA and ExIm Bank.
ExWorks Capital’s Offerings:
Bridge Financing – ExWorks can provide short-term financing to fulfill existing company needs between $500,000 and $25,000,000.
Domestic, Export, and Import Financing – ExWorks can purchase or finance export/import/domestic goods to provide additional liquidity when selling both domestically and overseas between $500,000 and $25,000,000.
Working Capital Financing – ExWorks can provide financing on both Domestic and International Receivables and Inventory, including advancing on Raw Materials, WIP and Finished Goods, between $1,000,000 and $25,000,000.