Asset Based Lending Blog/News

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 […]

Continue Reading

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 […]

Continue Reading

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. […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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.

Continue Reading

Tariffs on Chinese Products Rise Again

September 19, 2018 | Announcement, Government

In another move to crack down on problematic export practices, the US Trade Representative (USTR) has raised tariffs on certain products made in China to 25% ad valorem. Full details on the new tariffs are available in the Supplemental Action Notice released yesterday. Click to learn about our trade protection financing services. Contact us for more information.

Continue Reading

Bridging the Wage Gap

September 6, 2018 | Small Business, Tips

Sadie Keljikian, Express Trade Capital For many years, the gender wage gap has been the topic of numerous discussions, articles and debates. Despite increasing attention on the subject, most business owners genuinely believe that they pay all of their employees fairly and based on merit. Counterintuitive as it may be, the most confident CEOs are […]

Continue Reading