FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

ExWorks Capital Provides $3MM in Financing to IT Consulting Company

October 07, 2016, 07:28 AM
Filed Under: Staffing Services

ExWorks Capital announced it provided $3 million in working capital financing to a professional services company. This Virginia based company specializes in IT services as well as consulting.  The company's customer base includes federal government agencies and commercial customers. After more than fifteen years in operation, this company experienced significant growth on top of its baseline existing business.
 
ExWorks Capital provided the company with working capital financing in order to support its current client base and projected growth.
 
"ExWorks Capital was able to move rapidly to provide the company with a financing solution to increase liquidity that will allow it to service growth with existing clients and add jobs which in turn will grow revenues and profitability," stated Luke LaHaie, Associate Director at ExWorks Capital.

ExWorks Capital is a domestic; import, export, and trade finance company that offers financing solutions to businesses utilizing its own capital as well as by leveraging its Delegated Authority granted by both the SBA and ExIm Bank. The fund specializes in providing capital to companies experiencing rapid growth and expansion.





Week's News



Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.