The firm is a trading company specializing in government agency procurement services. These government development agencies include the United Nations (UN), World Bank (WB) and United States Agency for International Development (USAID) funding development projects worldwide.
ExWorks Capital provided the company with a $400,000 SBA working capital line of credit for the purchase of office equipment and scanning machines from U.S. vendors. The loan enabled the company to provide procurement of goods and equipment to be delivered to units of the United Nations as well as various U.S. government agencies.
“This loan will allow this borrower to take on further projects. We look forward to being a part of their growth in exports supporting NGOs and U.S. Government Agencies abroad,” stated Bernd Hermann of World Trade Finance, an ExWorks Capital company.
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 ExImBank.
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.