This company is a leading turnkey water solutions provider to the U.S. energy marketplace.
The company, along with related affiliates, provides hydro solutions to the Oil & Gas Complex. They design, engineer and install temporary water lines for specific sites.
ExWorks Capital provided the company with a working capital facility and term loan to refinance existing debt and repurchase equity ownership.
“The company was faced with near-term liquidity challenges, the need to pay out a shareholder, and significant growth opportunities presenting the company with near-term working capital needs that their existing lender was unable to meet. ExWorks was able to provide a bridge loan to satisfy the needs of the shareholders and provide the necessary working capital for future growth.” stated Matt Stanley, Managing Director at 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:
Bridge Financing – ExWorks can provide short-term financing to fulfill existing company needs between $500,000 and $25,000,000.
Domestic, Export, and Import Financing – ExWorks can purchase or finance export/import/domestic goods to provide additional liquidity when selling both domestically and overseas between $500,000 and $25,000,000.
Working Capital Financing – ExWorks can provide financing on both Domestic and International Receivables and Inventory, including advancing on Raw Materials, WIP and Finished Goods, between $1,000,000 and $25,000,000.