Asset Based Lending Blog/News

May 18, 2022 | Trade, Government, Uncategorized

The U.S. Trade Representative is commencing the statutory four-year review of the two actions taken under Section 301 of the Trade Act of 1974, as amended, in the investigation of China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation. The two actions were effective, respectively, on July 6, 2018 and August […]

May 11, 2022 | Trade, Government

The U.S. Census Bureau announced on April 25,2022 that preliminary March steel imports were $3.9 billion (2.8 million metric tons) compared to the preliminary February totals of $3.1 billion (2.1 million metric tons). The March change in steel imports based on metric tonnage reflected an increase in hot rolled sheets. Decreases occurred in used rails; […]

May 10, 2022 | Announcement

When a well-established and long-term client needed to execute a Trade Finance transaction within 48 hours in order to take advantage of an extremely profitable purchase opportunity, they knew the financier to turn to Express Trade Capital . Our deep understanding of Letters of Credit along with the Logistical parameters that were required to be […]

May 5, 2022 | Trade, Food & Beverage, Government

National Commodity Specialist Division (NCSD) May 2022 Webinars have been announced by U.S. Customs and Boarder Protection in CSMS #51637091. You may register by accessing each individual link listed below (as the webinar date nears, you will receive additional correspondence from CBP). The Cargo System Messaging Service looks as follows: The Office of Trade’s National […]

November 24, 2021 | Announcement, Uncategorized

Happy Thanksgiving from our family to yours. Yours truly, Express Trade Capital.

November 22, 2021 | Announcement

Kindly note that our office will close at 3 p.m. EST on Wednesday, November 24th and be CLOSED on Thursday, November 25th and Friday, November 26th, 2021, in observance of the Thanksgiving Holiday. Please contact your account officer to plan accordingly during this time frame. We greatly appreciate your understanding and apologize for any inconvenience. Happy Thanksgiving to all!

November 10, 2021 | Announcement, Uncategorized

Kindly note that our office will be closed on Thursday, November 11th in observance of Veterans Day. Please contact your account officer to plan accordingly during this time frame. We greatly appreciate your understanding and apologize for any inconvenience. Happy Veterans Day to all!

November 9, 2021 | Announcement, Uncategorized

Express recently cooked up a $2mm A/R and a $500k P.O Funding Facility for a chili spice company. The company’s sales caught fire with significant increased orders from its large retailers and they couldn’t keep up with the demand. Express’s well-seasoned team spiced things up with working capital to pay their copacker and purchase raw […]

October 27, 2021 | Announcement, Uncategorized

We are pleased to announce that effective immediately, David Estrakh has been promoted to EVP.  Over the last few years, David has already taken on and performed the duties of EVP and his new title is intended to convey a role commensurate with those responsibilities.  As EVP, David heads ETC’s Sales and Marketing Department, overseeing […]

October 6, 2021 | Announcement

Kindly note that our office will be closed on Monday, October 11th in observance of Columbus Day. Please contact your account officer to plan accordingly during this time frame. We greatly appreciate your understanding and apologize for any inconvenience. Happy Columbus Day to all!