Asset Based Lending Blog/News

Thanksgiving Hours

November 19, 2018 | Announcement

Valued Clients and Associates: Please be aware that our offices will close early on Wednesday, November 21 and remain closed through Friday, November 23rd in observance of Thanksgiving. We will resume normal operating hours on Monday, November 26 at 9am. Thank you and have a safe and pleasant holiday!

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Ugly Veggies Might Save the Planet

November 9, 2018 | Retail, Tips

Sadie Keljikian, Express Trade Capital Recent studies have indicated that damage to the environment has progressed further than previously believed, so numerous corporations across industries are making changes to reduce waste and increase sustainability in their production processes. The produce industry is contributing significantly to this international shift, promoting more sustainable shopping and eating habits […]

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ETC Closed for Veterans Day

November 5, 2018 | Announcement

Valued clients and associates: Please be aware that Express Trade Capital will be closed for Veterans Day on Monday, November 12, so no transfers or LCs will be processed that day. Please plan your transactions accordingly and have a safe and pleasant holiday!

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Changes to GSP Eligibility

November 1, 2018 | Announcement, Cargo, Government, Shipping

Results of a GSP review have just been published as Presidential Proclamation 9813. This announcement lists changes to select products and countries. The GSP status of these identified articles is effective for goods entering on/after November 1, 2018. If you would like more information or analysis as to how this impacts your company, please contact […]

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ETC Client Reaches $2 Million in Revenue!

October 24, 2018 | Announcement, Personal Care Products

We are proud to announce that our valued client, UI Global Brands, has reached $2 million in revenue! We take immense pride in helping brands like UI Global to bolster their operational funds and give them room to grow. Our diverse assortment of financial, logistical, and supply chain management services offer our clients transactional security, faster […]

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ETC Hosts NewSpace and Aerospace Financing Seminar!

October 19, 2018 | Announcement, Technology

Financing in the newspace and aerospace industries can be decidedly complex for a variety of reasons. The industries’ top customers are massive corporations with exceptional negotiation power vis a vis their vendors. These imbalances coupled with a perpetual flow of new innovations create too much uncertainty and risk for traditionally conservative lenders such as banks. […]

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Back-to-Back Letters of Credit

October 16, 2018 | Lending, Shipping, Wholesale

Sam Permutt, Express Trade Capital A back-to-back letter of credit (LC) is a common, but often overlooked, form of trade financing. In a typical back-to-back LC scenario, an intermediary trading company receives an inbound LC from the buyer’s (applicant’s) bank and, using that first LC as collateral, issues a second, outbound LC in favor of […]

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Acquisitions: a Blessing or a Curse?

October 9, 2018 | Small Business, Wholesale

Sadie Keljikian, Express Trade Capital Big brands, particularly food brands, have been merging with and acquiring smaller brands for decades. In recent years, food and drink executives have continued to strategically acquire small brands, but struggle to boost productivity among those acquisitions without damaging or cancelling out any of the fundamental qualities that made the […]

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ETC Closed for Columbus Day

October 2, 2018 | Announcement

Valued clients and associates: Please be aware that Express Trade Capital will be closed on Monday, October 8th in observance of Columbus Day. Please plan your transactions accordingly and have a safe and pleasant holiday. Click for details on our trade finance services. Contact us for more information.

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