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ExWorks Capital Finances Texas Manufacturer

June 30, 2015, 07:02 AM
Filed Under: Aerospace

A Texas-based manufacturer builds and installs aircraft test facilities (hush houses) and aero engine test facilities worldwide for the U.S. Air Force, U.S. Navy, the Korean Air Force, the Danish Air Force/Coast Guard and the United Arab Emirates Armed Forces.

ExWorks Capital is funding, through its recently acquired SBA subsidiary World Trade Finance, a line of credit anticipated to be used for several large projects to be undertaken within the next year by this U.S. based manufacturer.

"We have had a long standing relationship with this customer and look forward to providing capital for facilitating future growth for the business," Bernd Hermann, President of World Trade Finance.

ExWorks Capital is an international trade finance company that offers export financing solutions to U.S. exporters by leveraging its Delegated Authority granted by both SBA and ExIm Bank.

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