A West Coast manufacturer was in a position that it was going to have to decline a large sale to a long standing customer in the U.K. due to concentration issues. ExWorks Capital was introduced to the seller and buyer as a potential solution and within two weeks ExWorks was able to provide financing to the customer in the U.K. and allow the U.S. manufacturer to make the sale.
“This is a good example of our solutions orientation and responsiveness which led to ExWorks supporting a significant export that was on the brink of being a lost sale. We are pleased to continue to assist small to middle market exporting companies in obtaining financing that would otherwise be unavailable” John McAdams, CEO of ExWorks Capital.
About ExWorks Capital:
ExWorks Capital is an international trade finance company that offers export financing solutions to U.S. exporters by leveraging its Delegated Authority granted by ExIm Bank. ExWorks Capital’s offerings include:
- Working Capital Financing – International Trade Receivable and Inventory Revolvers, including advancing on Raw Materials, WIP and Finished Goods, between $1,000,000 and $10,000,000
- Term Loan Financing – Term Loans between $10,000,000 and $100,000,000 to Foreign Customers
- Export Trading – Negotiating the buy and/or sell side of a transaction and processing all of the associated documentation from the acquisition of the export to its shipment and delivery to an international customer thus eliminating trade risk to the supplier between $500,000 and $10,000,000
For more information, please visit www.exworkscapital.com