This Dutch manufacturer, headquartered in the Netherlands, is purchasing a turbine from an Italian seller for an agreed-upon price. The turbine will then be shipped from Italy to Tokyo where a group of Japanese companies will disassemble the turbine for the sale of its parts.
ExWorks Capital provided the company with $2,500,000 in trade financing in order to facilitate the purchase of the turbine.
“Given the size of the transaction and the nature of the trade, this was perfectly situated for ExWorks Capital’s international trade finance program. It was truly a unique opportunity to work with this Dutch company and ExWorks was the perfect fit,” stated Matt Stanley, Managing Director of ExWorks Capital.
About ExWorks Capital
ExWorks Capital is a domestic import and export 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.
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 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.