Asset Based Lending Blog/News
October 7, 2022 | Announcement
Due to the upcoming Columbus Day Holiday, our office will be closed on Monday, October 10th in observance of the holiday. Please contact your account officer and plan accordingly during this time. Happy Columbus Day to all!
September 29, 2022 | Food & Beverage, Announcement
For over 20 years, the client dug a niche producing bakery-style specialty dog treats exclusively out of their facilities in Arkansas. The treats are human grade, decorated with dog friendly frosting, and intended as special treats for pets to enjoy on birthdays and holidays. Their customer base ranged from smaller and mid-sized pet shops to […]
September 30, 2022 | Announcement
Please note there will be no Factoring advances on Wednesday, October 5, 2022 in observance of Yom Kippur. PO Funding & LC transactions will be extremely limited. Please plan accordingly.
September 19, 2022 | Announcement, Retail, Wholesale
In September 2022, Express Trade Capital Inc. secured a deal for a Hong Kong-based denim manufacturer who will work directly with top U.S. retailers who previously bought their denim goods through indirect wholesale channels. The prospect reached out to Express to expand their U.S. wholesale presence which would allow them to take advantage of growing interest […]
September 15, 2022 | Trade, Announcement, Cargo, Government
U.S. Rail Strike has been Deterred as Freight Railroads and Unions Reach Tentative Agreements. Earlier today, the 46th President of the U.S, Joe Biden has released a statement on the tentative Railway Labor Agreement. It reads as follows: “The tentative agreement reached tonight is an important win for our economy and the American people. It […]
September 7, 2022 | Trade, Announcement, Government
On September 02, 2022 the United States Trade Representative declared a continuation of China 301 Tariffs in a press release. It reads as follows: “WASHINGTON – Today, the Office of the United States Trade Representative confirmed that representatives of domestic industries benefiting from the tariff actions in the Section 301 investigation of China’s Acts, Policies, and […]
September 2, 2022 | Announcement, Uncategorized
Happy Labor Day weekend to our employees, clients and partners. The world runs on your contributions and you all deserve recognition. We hope you have a great holiday weekend.
August 31, 2022 | Announcement
Due to the upcoming Labor Day Holiday, our office will be closing Friday, September 2nd at 3 p.m. EST and be closed on Monday, September 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 Labor Day to all!
August 10, 2022 | Trade, Events, Government
On August 8th, U.S. Customs and Border Protection announced September 2022 webinar schedule hosted by National Commodity Specialist Division (NCSM) in CSMS #52901250. You may find the registration links below: Thursday, September 1, 2022 | 1:30 p.m. EDT – Classification of Vehicles of Chapter 87 and Saying Hello to Hybrids. Tuesday, September 13, 2022 | […]
August 3, 2022 | Trade, Announcement, Government
The latest in user fee changes have been announced by the U.S Customs and Boarder Protection in CSMS #52834229. The message reads as follows: “Pursuant to the General Notice (87 FR 46973) published August 1, 2022, adjustments to certain customs user fees and corresponding limitations, as codified in 19 U.S.C. § 58c, will take effect […]