Asset Based Lending Blog/News

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. […]

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 […]

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 […]

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.

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.

September 14, 2018 | Announcement

ETC is proud to sponsor a special happy hour event at The Natural Products Expo in Baltimore this evening. We hope you’ll join us to discuss your eco-friendly business’s needs! Details below.

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 […]

September 5, 2018 | Announcement

Valued clients and associates: Please be aware that while our office will be open during the upcoming Jewish holidays, there will be no funding available on Monday, September 10, to our clients who are factored through Milberg. There will be no funding available to our clients factored through Rosenthal & Rosenthal or Milberg on Wednesday, […]

August 30, 2018 | Lending, Tips

Sadie Keljikian, Express Trade Capital Recently, the alternative lending industry has expanded immensely, offering small business owners more funding options than have ever been available before. Unfortunately, this also means that scammers offering fake business loans target small business owners with increasing frequency. Without experience, avoiding these scams can be difficult but, fortunately, there are […]

August 20, 2018 | Announcement, Cargo, Government

The Agricultural Marketing Service has released a statement announcing that it plans to raise the “cotton fee” applied to imported cotton goods from $0.011510 to $0.011905 per kilogram. Adjustments to the fee occur regularly to ensure that assessments collected on imported cotton match those paid on domestically produced cotton. The announcement stipulates that the new […]