This Northeastern lumber company developed a manufacturing site for heat treatment of wood chips for export. In addition to exporting woodchips, this company is also in the business of exporting logs for construction materials such as plywood and furniture manufacturing.
ExWorks Capital provided working capital financing in order to help the company fulfill a large export contract.
“ExWorks Capital was able to provide a working capital solution for the company’s international growth. This facility supports a U.S. based company in a rural region providing renewable energy to countries lacking the necessary resources,” stated Matt Chandler, Business Development 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 include:
- Domestic, Export, and Import Trading – ExWorks can provide between $500,000 and $25,000,000 per trade to suppliers that need the funds to be able to purchase goods for sale to international buyers, thereby eliminating the need to raise equity in order to fulfill international sales contracts.
- Working Capital Financing – ExWorks can provide both Domestic and 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 – ExWorks can provide Term Loans between $10,000,000 and $100,000,000 to Foreign Customers.