This Texas based manufacturer builds and installs aircraft test facilities (hush houses) and aero engine test facilities worldwide for the U.S. Air Force, U.S. Navy, the Korean Air Force, the Danish Air Force/Coast Guard and the United Arab Emirates Armed Forces.
ExWorks Capital is funding, through its recently acquired SBA subsidiary World Trade Finance, a line of credit anticipated to be used for several large projects to be undertaken within the next year by this U.S. based manufacturer.
“We have had a long standing relationship with this customer and look forward to providing capital for facilitating future growth for the business,” Bernd Hermann, President of World Trade Finance.
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 both SBA and 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 $25,000,000
- 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 $25,000,000