This company is an aftermarket automotive products manufacturer based in Baltimore, Maryland. The company manufactures and distributes sealants, flushes, fluids, coolants, and more with its products found in over 400 distribution centers in the United States.
ExWorks Capital provided the company with working capital financing.
“We were uniquely positioned with our domestic working capital product to best address certain liquidity needs’ stated Matt Stanley, Managing Director of 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.