Hommocks, a leading alternative investment manager specializing in commodity trade finance, announced the successful closure of a $1.5 million receivable finance facility for a prominent Spanish cocoa powder producer and exporter. This high-yield trade finance facility supports the client’s short-term receivables on cocoa powder shipments to buyers in Northern Africa, reinforcing Hommocks’ expertise in delivering tailored financing solutions for global commodity traders.

The facility finances receivables ranging from $100,000 to $200,000 per shipment, with tenors of 30 to 45 days, on a full-recourse basis. Each transaction is backed by COFACE credit insurance, ensuring robust risk mitigation. Hommocks’ affiliate, HMX Finance LLC, anchors the deals as the junior lender, while co-investors participate as senior lenders, creating a structured, recurring trade finance opportunity.

“This transaction highlights our ability to structure flexible and secure financing solutions that empower commodity exporters to optimize their working capital,” said Jun Ogasawara, CEO and Founder of Hommocks LLC. “By partnering with a leading Spanish cocoa producer and leveraging COFACE credit insurance, we are facilitating seamless trade flows to Northern Africa while delivering attractive returns for our investors.”

Founded in 2019, Hommocks LLC continues to expand its portfolio of trade finance solutions, focusing on receivable finance, supply chain finance, inventory finance, and pre-export finance for small and medium-sized commodity traders and producers. With a strong capital base from institutional investors, private funds, family offices, and merchant banks, Hommocks is well-positioned to support global trade in commodities such as agricultural goods, oil & gas, and metals.