This company is a wholesaler and marketer of beef and other food items with a focus on the pizza topping industry. The Company was founded in 2010 and is headquartered in Texas. The working capital facility will be utilized to allow the company to expand its offerings and grow its current business of exporting beef to South America to meet increasing customer demand.
ExWorks Capital provided the company with a $1,000,000 SBA working capital line of credit in order to purchase product to fulfill export orders.
“Our SBA working capital facility will materially change this company. The facility will allow for continued, significant expansion with the company’s Latin American customer base,” 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.