Our client is a trading company that specializes in African based trading, supplying various commodities to the local market.
ExWorks Capital LLC provided the company with the working capital line to support their successfully gained tenders and bridge the gap between them purchasing and ultimately being repaid by buyers.
“We were invited to assist this SME agency by providing trade finance capital that enabled them to tender and subsequently fulfill their gained orders,” 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.