Category: Trade Finance

In a strategic move to combat PPE delivery uncertainties during the COVID era, Express Trade Capital extended a vital lifeline to a client with a $5MM letter of credit (LC) facility. The client, a stalwart in the apparel industry, had been leveraging ETC’s factoring and PO funding facilities for several years. However, with the onset […]

In a dynamic move, Express Trade Capital swiftly stepped in to cater to the urgent needs of a commodities trader aiming to meet stringent purchasing requirements from suppliers. Facing a critical juncture, ETC promptly delved into underwriting the transaction, crafting a specialized Standby Letter of Credit (SBLC) facility that fueled the client’s acquisition of petroleum […]