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Financing in the newspace and aerospace industries can be decidedly complex for a variety of reasons. The industries’ top customers are massive corporations with exceptional negotiation power vis a vis their vendors. These imbalances coupled with a perpetual flow of…
Valued clients and associates: Please be aware that Express Trade Capital will be closed on Monday, October 8th in observance of Columbus Day. Please plan your transactions accordingly and have a safe and pleasant holiday. Click for details on our…
In another move to crack down on problematic export practices, the US Trade Representative (USTR) has raised tariffs on certain products made in China to 25% ad valorem. Full details on the new tariffs are available in the Supplemental Action Notice released…
ETC is proud to sponsor a special happy hour event at The Natural Products Expo in Baltimore this evening. We hope you’ll join us to discuss your eco-friendly business’s needs! Details below.
Valued clients and associates: Please be aware that while our office will be open during the upcoming Jewish holidays, there will be no funding available on Monday, September 10, to our clients who are factored through Milberg. There will be…
The Agricultural Marketing Service has released a statement announcing that it plans to raise the “cotton fee” applied to imported cotton goods from $0.011510 to $0.011905 per kilogram. Adjustments to the fee occur regularly to ensure that assessments collected on…
Sadie Keljikian, Express Trade Capital The president has released yet another tariff-imposing proclamation. The latest in a series of recently implemented “trade remedy tariffs”, the new proclamation will impose a 50% tariff on steel mill products from Turkey and will…
ETC Managing Director Mark Bienstock discussed the current state of the retail industry and his thoughts on the future last week with California Apparel News. Click for the full article!
We at ETC are pleased to announce that Helen Ku has been promoted to Senior Vice-President and Client Portfolio Manager effective immediately. In addition to her current responsibilities, Helen will have full responsibility for the entire factoring and purchase order…
Valued clients and associates: Please be aware that our offices will close at 3pm on Tuesday, July 3rd and will remain closed until July 5th at 9am in observance of Independence Day. Please plan your transactions accordingly and have a…