This Michigan based company, with locations in both Europe and Asia, is a leading global bulk packaging company. Since 2011, the company has provided innovative packaging solutions for the transport and storage of bulk liquids, granular solids, and many other flowable products. Their products provide a significant reduction in shipping costs, increase efficiency, and minimize negative environmental impact.
ExWorks Capital has provided the company with working capital and purchase order financing to support its current growth trajectory. ExWorks Capital worked in partnership with the Export-Import Bank in order to provide a customized, multi-tiered financing solution and facilitate the transaction.
“ExWorks Capital is pleased to partner with this innovative company in order to provide them additional capital to fulfill a large purchase order with a major foreign buyer. This liquidity will allow the company to pursue its expected growth strategy and expansion into the transportation of additional products using its state-of-the-art design,” stated John Michael Boyle, Business Development Officer 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 include:
- Domestic, Export, and Import Trading – ExWorks can provide between $500,000 and $25,000,000 per trade to suppliers that need the funds to be able to purchase goods for sale to international buyers, thereby eliminating the need to raise equity in order to fulfill international sales contracts.
- Working Capital Financing – ExWorks can provide both Domestic and 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 – ExWorks can provide Term Loans between $10,000,000 and $100,000,000 to Foreign Customers.