This Swiss based mining and commodity trading business was established in 2011.
The deal itself involved ExWorks providing leverage finance, by way of a revolving trade facility, to enable the company to achieve higher shipment volumes when combined with their own cash. The funding is used for increasing cargo sizes, thus enabling them to achieve better economies of scale due to our facility line.
“ExWorks was approached by the PE fund to assist with the provision of leverage to enhance the purchasing power of their investment company. Our ‘growth funding’ line has increased their liquidity and enabled them to accelerate their mining and logistical capabilities, which we anticipate will now enhance the growth of the business with ExWorks’s support. The company has already gained new contracts now that they have increased leverage, and they will soon be increasing their credit line size” 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.