Our client is a Singapore-based trading house, predominately purchasing scrap metals in the UK and selling to the Far East.
ExWorks Capital LLC provided the company with additional liquidity to support its planned trading activities.
“We were introduced to this client via a broker and were happy to assist this trader by providing a back-to-back financing line that enabled them to accelerate their growth,” stated Matt Goddard, Senior 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.