This U.S. based multi-platform media Company was established in 2009. The company is a leader in its field with large presence online through advertising on the Company’s well-known websites. The Company’s advertising also includes printed publications, subscription services, and magazines known worldwide.
ExWorks Capital provided a private equity fund (“PE Fund”) term loan financing to supplement their equity investment for the acquisition of this Company.
“ExWorks was able to move quickly to provide the necessary funding in order for the PE Fund to close the acquisition of this media company, which will serve as its platform entity. Now that they have the asset under their control they will work with traditional lenders to refinance our debt. Due to significant amount of time it takes traditional lenders to close they could not use them for the initial closing or they would have lost the deal. Once again our ability to move quickly and efficiently has benefited both our client and our fund.” stated Luke LaHaie, 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.