Asset Based Lending Blog/News

Toys R Us Will Close 175 Stores

January 24, 2018 | Retail

Sadie Keljikian, Express Trade Capital Toys R Us continues to struggle, despite its attempts to restructure and rebuild since filing for Chapter 11 in September. The once-dominant retailer is planning on closing 175 of its locations in the US, nearly 20% of its 881 operational locations as of October. Soon after Toys R Us filed […]

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Happy Chinese New Year from ETC!

January 22, 2018 | Announcement

  As the Chinese New Year fast approaches, businesses are pre-emptively preparing for the expected shorter payment terms of their Asian suppliers.   In many instances, suppliers need funding for materials and production before the goods are shipped.  In such cases, open credit terms are not feasible, and this presents a prime opportunity to use our […]

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Winter Holiday Hours Announcement

December 20, 2017 | Announcement

Valued clients and associates: Please be advised that in observance of Christmas and New Year’s Day, we will close early this Friday, December 22nd and next Friday, December 29th at 3pm and we will not open on Monday the 25th and Monday the 1st. Aside from those days/times, we will be fully operational. Please plan your […]

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Toys R Us Continues to Struggle

December 20, 2017 | Retail

Sadie Keljikian, Express Trade Capital Toys ‘R’ Us may close at least 100 and as many as 200 locations in the wake of a 15% decrease from last year’s holiday sales to those recorded this year. The former industry leader has had a difficult few years. After struggling under mounting debt, Toys R Us filed […]

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Indian Onion Prices Peak

December 18, 2017 | Wholesale

Sadie Keljikian, Express Trade Capital Bangladeshi importers and consumers have recently suffered extreme price hikes in one of its most voluminous imports: onions from India. Regional demand for onions is remarkable in general, since they are a dietary staple in several southeast Asian countries. This year’s underwhelming harvest, caused by excessive rainfall in the summer months, […]

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Creative Sales Techniques

December 7, 2017 | Wholesale

Sadie Keljikian, Express Trade Capital Selling a product or service is complex and delicate. It often takes sales professionals years to master the subtle balancing act of emphasizing the value of their product or service without overselling. To this end, businesses should consider creative, less obvious approaches to intrigue prospects and attract a wider variety […]

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ETC Featured in Retail Merchandiser

November 30, 2017 | Announcement

Sadie Keljikian, Express Trade Capital Express Trade Capital is proudly featured in the current issue of Retail Merchandiser! Managing Director Mark Bienstock, Director of Opportunity Drew Cohen and Senior Vice President David Estrakh spoke with Retail Merchandiser’s Bianca Herron about what makes ETC’s approach unique, how we’ve grown into the institution we are today, and […]

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Corporate Giving Guide: Part 2

November 29, 2017 | Philanthropy

Sadie Keljikian and Sara Sobolev, Express Trade Capital Last year, we released an article about the ins and outs of corporate donations. Here’s a summary of the fundamental points we covered: Research thoroughly to find responsible, reliable charity organizations. Find a cause that relates to your industry. Find a local organization whenever possible. Give what […]

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Yantian Shenzhen Terminal Explosion

November 17, 2017 | Shipping

Sadie Keljikian, Express Trade Capital An explosion and subsequent fire broke out at the Yantian Container Terminal on the evening of November 10th. The fire was said to be highly destructive, burning at least one container, assumed to be full of lithium batteries, straight through the bottom. Click here for more details from Maritime Bulletin. […]

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Holiday Hours Announcement

November 16, 2017 | Announcement

Valued clients and associates: Please be aware that we will be closing our office at 3pm EST on Wednesday, November 22nd and will remain closed through Friday the 24th in observance of Thanksgiving. We will resume normal operational hours (Monday through Friday, 9am-5pm) on Monday, November 27th and ask that you please plan your transactions […]

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