A U.S.-based manufacturer created a state-of-the-art mattress science that outperformed all the nationally advertised brands in a double-blind comfort test conducted by a world-renowned sleep expert from Stanford University. The product was initially launched on HSN (Home Shopping Network) and sold out in just 32 minutes. This success was followed by a listing with one of the world's largest retailers.
 
The company needed purchase order financing to fund its growth which was provided by Exworks Capital, who provided the company with $500,000 in trade financing.
 
"ExWorks was able to quickly provide funding for the company to complete manufacturing to meet increased demand driven by recent HSN airings and the Company's new listing," stated Luke LaHaie, Associate Director at ExWorks Capital.
 
ExWorks Capital is a domestic, import and export 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.