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ExWorks Capital Provides $1MM in Working Capital to Software Firm

March 09, 2017, 07:00 AM
Filed Under: Software

ExWorks Capital provided $1 million in working capital to an IT software company based in St. Louis, Missouri. The company recently purchased an IP software solution that monitors and reports printing activity for companies to manage both users and devices to reduce overall printing expenses.
ExWorks Capital provided the company with a working capital line of credit which allowed it to seize a unique opportunity and increase their product offering.
"ExWorks was able to provide the additional liquidity in a rapid timeline that will transform this company's revenues and bottom line," stated Matt Chandler, Business Development Associate at ExWorks Capital.

ExWorks Capital provides domestic, import and export trade financing offering financing solutions to businesses utilizing its own capital. ExWorks also carries Delegated Authority granted by both the SBA and ExIm Bank.

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