This Miami based trading company sources apparel and cosmetics through a related party in India for export to the UAE. With ExWorks Capital’s assistance in providing direct trade credit financing for specific orders on a transactional basis, the company has been able to continue to successfully complete these international transactions.
“This agreement provides continued support of U.S. trading companies as they service international customers. The facility provides the company with the additional liquidity it needs to continue to grow its export volumes.” Robert Richardson, Senior Portfolio Manager 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 $25,000,000
- 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 $25,000,000