With extensive experience in identity verification and encryption, this technology company has developed advanced technologies for the capture, analysis and authentication of individuals’ identities. The founders of this company have been involved in advanced biometric and security technology development for leading organizations within government and the corporate sector. The company, which was founded in 2011, has established a portfolio of technology patents and biometric security solutions for corporations, government agencies and consumers.
ExWorks Capital provided the company with financing for distribution of two-way voice and monitored personal emergency response systems (PERS). These systems primarily market through medical providers, home healthcare retailers, and personal security markets and operate from various locations throughout the United States.
“Our financing facility will allow for the company to significantly grow its business with large multi-national customers and major retailers. We are very excited about the opportunity to help,” stated Andy Hall, Chief Credit Officer 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.