This California based services company opened its doors in 2013. The company specializes in providing semi-trucks and trailers with unique solutions customized to answer specific needs of the trucking industry.
ExWorks Capital provided working capital in order to allow the company access to liquidity and growth.
“ExWorks is pleased to have this company as a new client. The management team is well organized and a pleasure to work with. This loan illustrates ExWorks Capital’s ability to execute in a short time frame which was critical to a year-end closing,” stated Brett Crabtree, Managing Director of ExWorks Capital.
About ExWorks Capital
ExWorks Capital is a domestic, import and export trade finance company that offers financing solutions to businesses utilizing its own capital as well as by leveraging its Delegated Authority granted by both the SBA and ExIm Bank.
ExWorks Capital’s offerings include:
- 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 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.