This Virginia based company specializes in IT services as well as consulting. The company’s customer base includes federal government agencies and commercial customers. After more than fifteen years in operation, this company experienced significant growth on top of its baseline existing business.
ExWorks Capital provided the company with working capital financing in order to support its current client base and projected growth.
“ExWorks Capital was able to move rapidly to provide the company with a financing solution to increase liquidity that will allow it to service growth with existing clients and add jobs which in turn will grow revenues and profitability,” stated Luke LaHaie, Associate Director at ExWorks Capital.
About ExWorks Capital
ExWorks Capital is a domestic; import, export, and trade finance company that offers financing solutions to businesses utilizing its own capital as well as by leveraging its Delegated Authority granted by both the SBA and ExIm Bank. The fund specializes in providing capital to companies experiencing rapid growth and expansion.
ExWorks Capital’s offerings include:
- Export and Import Trading – We 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 – We can provide International and Domestic 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 – We can provide Term Loans between $10,000,000 and $100,000,000 to Foreign Customers.