Asset Based Lending Blog/News

September 28, 2023 | Announcement, Government

While members of Congress actively negotiate government spending levels for fiscal year 2024, the United States is heading for its fourth partial government shutdown in the last decade. Trade agencies’ operations will be at risk if a government shutdown occurs. The House of Representatives and the Senate have a deadline of September 30th, 2023, to […]

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!

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 […]

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 […]

April 6, 2023 | Apparel Industry, Retail, Small Business, Tips

In the United States, recessions are a natural part of the economic cycle. While they can be difficult for businesses to weather, they can also present opportunities for growth and innovation. Here are 5 tips for how your business can survive and even thrive during a recession. The first crucial point is to properly monitor […]

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. […]