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ExWorks Capital Provides Financing to Cybersecurity Firm

January 25, 2017, 08:00 AM
Filed Under: Technology

ExWorks Capital announced it has provided working capital financing to a Swiss-based company currently deploying large scale digital identity ecosystems. This company's technology integrates wearable technology with secure authentication and identification, in both physical and virtual environments, and empowers these wearable devices to become secure transactional devices.

ExWorks Capital provided the company with a secured working capital facility for acquisition financing.

"ExWorks is excited to partner with this company to provide them with an acquisition line of credit that will allow the Company to pursue its growth strategy. The structure and flexibility of our Credit Facility will allow the company to quickly and efficiently make accretive acquisitions, both internationally and in the U.S., that will drive positive shareholder value," stated Randy Abrahams, Executive Chairman of ExWorks Capital.

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