Our client is a mandated purchasing agent for a major retail group for their homeware products.
ExWorks Capital LLC provided a working capital facility to enable the company to grow rapidly and undertake additional Purchase Orders from their customer that their bank line left them unable to fulfill.
“We were happy to assist this UK-based SME by providing much needed working capital that will enable them to grow,” 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.