Blog/News

EXPRESS TRADE CAPITAL COMPLETES $3.2MM TRADE FINANCE FACILITY.

When a well-established and long-term client needed to execute a Trade Finance transaction within 48 hours in order to take advantage of an extremely profitable purchase opportunity, they knew the financier to turn to Express Trade Capital . Our deep understanding of Letters of Credit along with the Logistical parameters that were required to be navigated, allowed ETC to issue the Letter of Credit seamlessly and expeditiously within the required time frame constraints. Our Letter of Credit  and Logistic teams are “second to none “commented Mark Bienstock – Managing Director. No matter what day or hour of the week, our team is committed to providing unparalleled service to bring each transaction to a satisfactory conclusion.

Since 1993, Express Trade Capital has been a leading provider helping clients build and operate sustainable and successful businesses. We provide A.R Financing , P.O Financing Letters of Credit as well as Shipping & Logistics

For more information, you may contact us at sales@expresstradecapital.com


Happy Thanksgiving!

Happy Thanksgiving from our family to yours.

Yours truly,

Express Trade Capital.


REMINDER – ETC THANKSGIVING HOLIDAY HOURS

Kindly note that our office will close at 3 p.m. EST on Wednesday, November 24th and be CLOSED on Thursday, November 25th and Friday, November 26th, 2021, in observance of the Thanksgiving Holiday.

Please contact your account officer to plan accordingly during this time frame.

We greatly appreciate your understanding and apologize for any inconvenience.

Happy Thanksgiving to all!


REMINDER – ETC VETERANS DAY HOLIDAY HOURS

Kindly note that our office will be closed on Thursday, November 11th in observance of Veterans Day.

Please contact your account officer to plan accordingly during this time frame.

We greatly appreciate your understanding and apologize for any inconvenience.

Happy Veterans Day to all!


Express Trade Capital closes a hot deal with a Chili Spice Company

Express recently cooked up a $2mm A/R and a $500k P.O Funding Facility for a chili spice company. The company’s sales caught fire with significant increased orders from its large retailers and they couldn’t keep up with the demand. Express’s well-seasoned team spiced things up with working capital to pay their copacker and purchase raw materials, ingredients and packaging.

Like many food and beverage companies, the client was originally looking for VC or PE firms to provide capital for order fulfillment and basic working capital requirements. The client did a hot take when they realized that they could use factoring and PO funding facilities to finance their growth AND increase their enterprise value without giving up equity in the meantime. All in all, it was another tasty adventure.

What are everyone’s thoughts on when companies should seek equity investors?


Promotion Announcement

We are pleased to announce that effective immediately, David Estrakh has been promoted to EVP.  Over the last few years, David has already taken on and performed the duties of EVP and his new title is intended to convey a role commensurate with those responsibilities. 

As EVP, David heads ETC’s Sales and Marketing Department, overseeing a team of eight new business and marketing executives across the country.  David is a member of ETC’s Executive Committee and active in all areas of operations and management including client and partner relations.  As a corollary to his role as EVP, David sits on multiple company boards and is active in various charitable organizations.  

In addition to his 10+ years’ experience and success at Express Trade Capital, David was recently awarded 40 Under 40 honors by SFNet (2020) and Insight Success Magazine (2021).


REMINDER – ETC Upcoming Columbus Day Holiday Hours

Kindly note that our office will be closed on Monday, October 11th in observance of Columbus Day.

Please contact your account officer to plan accordingly during this time frame.

We greatly appreciate your understanding and apologize for any inconvenience.

Happy Columbus Day to all!


ETC – ANNOUNCEMENT

Important Upcoming Information:

On Thursday, September 16th, 2021there will be no funding available of any-kind (including the issuance of LC’s).

Please note, we will be OPEN to handle all other client relations.

You may contact your account officer to plan accordingly during this time frame.

We greatly appreciate your understanding and apologize for any inconvenience!


REMINDER – ETC Upcoming Labor Day Holiday Hours

Important Upcoming Information:


Due to the upcoming Labor Day Holiday, our office will be closing Friday, September 3rd at 3 p.m. EST and be closed on Monday, September 6th in the observation of the holiday.


Please contact your account officer to plan accordingly during this time frame.


We greatly appreciate your understanding and apologize for any inconvenience.


Happy Labor Day to all!


Reminder – ETC Upcoming 4th of July Holiday Hours

Important Upcoming Information:

Due to the upcoming 4th of July Holiday, our office will be closing Friday, July 2nd at 3 p.m. EST and be closed on Monday, July 5th in the observation of the holiday.

Please contact your account officer to plan accordingly during this time frame.

We greatly appreciate your understanding and apologize for any inconvenience.

Happy 4th of July to all!