Asset Based Lending Blog/News

Exclusions on current Section 301 Tariffs announced by USTR.

June 3, 2024 | Trade, Announcement, Government, Shipping

The US Trade Representative (USTR) has concluded its four-year review of the Section 301 tariffs on Chinese imports. As a result of this review, the USTR has proposed several modifications. Among the changes, there will be an increase in the Section 301 tariffs on various Chinese goods such as semiconductors, electric vehicles, lithium-ion batteries, critical […]

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Thanksgiving Holiday Hours.

November 13, 2023 | uncategorized, Announcement

Due to the upcoming Thanksgiving Holiday, our offices will close at 3 p.m. EST on Wednesday, November 22nd, 2023, and will be closed on Thursday, November 23 and Friday, November 24th, 2023. Please contact your account officer and plan accordingly during this time. Happy Thanksgiving Day to all!

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4th of July Holiday Hours

June 23, 2023 | Announcement

Due to the upcoming 4th of July Holiday, our office will be closed on Tuesday July 4th for the observation of the holiday and close at 3 p.m. on Monday July 3rd. Please contact your account officer and plan accordingly during this time. Happy Independence Day to all!

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Express Provides a $3.5M E-Commerce Facility to a well established Manufacturer.

April 19, 2023 | Announcement, Apparel Industry, Manufacturing, Retail, Small Business, Wholesale

Express Trade Capital (“ETC”) is thrilled to announce the addition of a $3.5MM B2C – Ecommerce financing facility to a well-established and fast-growing cashmere apparel manufacturer. The client produces sustainable cashmere apparel sourced from ethically farmed and well pampered Mongolian goats.  Not content to be just another sheep in the herd, the client signed with […]

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Ashley Orlando VP is selected as a 2023 SFNet’s 40 under 40 Winner.

April 12, 2023 | Announcement

It is with great joy that we announce our nominee Ashley Orlando VP/Director of Eco Financing was selected as a 2023 SFNet’s 40 under 40 WINNER!Ashley was nominated by Mark Bienstock & David Estrakh in virtue of her being an outstanding employee, colleague, and exemplar of true excellence. We acknowledge and honor her as she has honored us for the last […]

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FDA’s 2022 Food Program Accomplishments for Customer Protection & Food Supply.

March 2, 2023 | Food & Beverage, Announcement, Government

In a recent post, FDA highlights the challenges the US Food & Drug Administration’s (FDA) Foods Program has encountered and their resolutions to achieve their mission of protecting the safety of human foods, as increasing access to safe and nutritious foods for all consumers in 2022. The post highlights 4 main elements: Infant formula, food […]

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Express Trade Capital’s feature in California Apparel News, February 2023 edition.

February 13, 2023 | Trade, Announcement, Apparel Industry, Lending, Retail, Small Business, Wholesale

Express Trade Capital’s feature in California Apparel News, February 2023 edition. Mark Bienstock weights in on 2023 climate for manufacturers, retailers and consumers. ”As a result of a difficult 2022 holiday-sales environment, apparel importers and manufacturers are facing dual issues going into 2023. First is bringing their inventory back to a more manageable level. Many companies were dealing […]

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