Asset Based Lending Blog/News

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 […]

March 1, 2023 | Food & Beverage, Announcement

We are beyond ecstatic to share our client’s feature in The New York Times.   Congratulations to MINA on yet another excellent creation. Mina’s Moroccan Harira is a flavorful soup full of chickpeas and lentils. The heartiness and earthiness of this Harira will make your taste buds sing. Try it today ➡️ by clicking HERE. Check […]

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 […]

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 […]

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. […]

December 23, 2022 | Announcement

We’re wishing you a gift of health, wealth and happiness in 2023. Please note: Our offices will close at 3 p.m. EST today and will be closed on Monday, December 26th, 2022.

December 22, 2022 | Trade, Food & Beverage, Announcement

The anticipated VQIP application opens as of January 1st, 2023. According to fda.gov, buyers and wholesalers will benefit from this program. The full announcement reads as follows: “Participating importers will be able to import their products to the U.S. with greater speed and predictability, avoiding unexpected delays at the point of import entry. Consumers will […]

December 21, 2022 | Food & Beverage, Announcement, Wholesale

VP Ashley Orlando discovered the client through her extensive network and contacts in the plant-based food and beverage industry. Two years ago, the client created a Vegan frozen lasagna that quickly gained popularity and flew off the shelves. Like an Italian grandma serving a guest in love with her food, the client is back in the kitchen […]

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 […]