Asset Based Lending Blog/News

COLUMBUS DAY HOLIDAY HOURS.

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!

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ETC LETS THE DOGS OUT WITH $4.5 MM FACTORING AND 500K PO FUNDING LINES FOR A CANINE BAKED GOODS CO.

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 […]

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Express Completes $7MM Factoring and $3MM PO Funding Deal for Hong Kong-based Denim Wholesaler.

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 […]

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Trade Update: USTR Declares for Continuation of China 301 Tariffs.

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 […]

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LABOR DAY HOLIDAY HOURS.

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!

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