ExWorks Capital provided working capital financing to a Florida company focused on the production and sales of dietary supplements. Headquartered in Boca Raton, the company has a portfolio of more than 500 SKUs which are manufactured in the United States in state-of-the-art GMP and NSF certified facilities, bringing innovation and the latest technology to its customers with strong performance in the South American market, Europe and now in the United States.
This company makes large investments in marketing and advertising each year reaching a mass market and global audience which include famous celebrities and athletes endorsing the products.
ExWorks Capital has provided the company with working capital and purchase order financing to support the rapid growth. ExWorks Capital worked in partnership with the ExIm Bank insurance program and Florida Export Finance Corporation (FEFC) in order to facilitate the transaction.
"ExWorks Capital is excited to partner with this entrepreneurial company to provide them the additional capital to satisfy purchase orders as well as pursue its expected growth strategy and expansion," stated Lisa Wozney, Associate Director at ExWorks Capital.