The Atlanta based device manufacturer was founded in 2008 and designs, manufactures, and distributes medical implants and instruments for use in spine surgery. The company has an expanding international customer base, and is continually developing new innovative product lines for its surgeon customers. ExWorks financed the purchase of two new product lines, which otherwise would have been discontinued, allowing the Company to continue to provide these products to the surgeons who use them.
“We are excited to offer flexible financing that allows medical professionals to continue to provide their patients with a range of treatment options. The facility allows the company to add to their product offerings while increasing profitability” Robert Richardson, portfolio manager, ExWorks Capital.
About ExWorks Capital:
ExWorks Capital is an international trade finance company that offers export financing solutions to U.S. exporters by leveraging its Delegated Authority granted by ExIm Bank. ExWorks Capital’s offerings include:
- Working Capital Financing – International Trade Receivable and Inventory Revolvers, including advancing on Raw Materials, WIP and Finished Goods, between $1,000,000 and $10,000,000
- Term Loan Financing – Term Loans between $10,000,000 and $100,000,000 to Foreign Customers
- Export Trading – Negotiating the buy and/or sell side of a transaction and processing all of the associated documentation from the acquisition of the export to its shipment and delivery to an international customer thus eliminating trade risk to the supplier between $500,000 and $10,000,000