Asset Based Lending Blog/News

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!

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

ETC Applies Factoring & PO Funding Programs to Reduce Cash Flow Wrinkles for a Cosmetics Company.

February 9, 2023 | Beauty, Announcement

The cosmetics industry is one of the highest valued retail markets in the United States. According to Inc., beauty product sales (which includes skincare products, makeup, and fragrance) generate more than $50 billion each year. The average consumer spends thousands on beauty products and services annually. In fact, a recent study from Wells Fargo showed […]

Continue Reading

U.S Congress Passes a Reform Act for Safer Cosmetics.

January 26, 2023 | Uncategorized

For the first time in over 80 years, cosmetic companies are expected to report any adverse events to the FDA (food and drug administration) as part of MOCRA (modernization of the of cosmetics regulation act of 2022) which is part of the Food and Drug Omnibus Reform Act of 2022 passed on December 23, 2022. […]

Continue Reading