The company designs, engineers, and manufactures sophisticated, cost-saving lighting systems for the controlled-environment agriculture industry.
By utilizing the company’s proprietary lighting systems, clients have a solid foundation for consistent delivery of high-valued product.
ExWorks Capital provided growth capital and purchase order financing to support the company’s rapid increase in sales, and to facilitate the growth in its overseas contract manufacturing process.
“We are proud to partner with this talented management team as they continue to provide innovative products to some of the largest customers in the industry. ExWorks Capital’s financing will allow the company to more quickly fulfill the growing number of customer purchase orders, as well as facilitate the funding of overseas manufacturing costs” stated Keith Kirkland, 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.