Trade Finance: EastBank Capital Offers Funding For Import/Export
EastBank Capital has the ability to arrange funding for the Import/Export sector with Trade Finance.
New York City (I-Newswire) August 23, 2013 - EB Capital, LLC ("EastBank Capital"), a leading corporate financier that specializes in Monetization Financing, through an efficient streamlined private placement, for companies with Financial Guarantees in the Energy, Trade, Real Estate, Corporate, Sports and Entertainment sectors.
In the first half of 2013 the volume of new trade finance transactions of EastBank Capital has increased by 60% compared to the same period last year. The steady growth over the past couple years once again confirms the great potential for trade finance development for the Import/Export sector. EastBank Capital has the ability to offer the best financing package available - low rates, no equity or board seats, no covenants, no oversight and done in a quick and stream lined manner.
EastBank Capital aims to provide short-term, self-liquidating funding facilities to a range of trading companies from the mid-sized specialist product trader to the globally-integrated major trading houses. These facilities are secured based on the creditworthiness of an irrevocable Standby Letter of Credit or Financial Guarantee issued from an investment-grade institution.
The executives at EastBank Capital have over 20 plus years of transactional expertise, and operate on a global basis providing a comprehensive range of commodity-finance solutions of international trade for its clients.
About EastBank Capital:
EB Capital, LLC ("EastBank Capital") is a leading international private firm offering immediate financing solutions to clients throughout the world with more than 20 years of combined experience. EastBank Capital's executives meet the needs of its clients by offering a highly integrated and collaborative range of expertise across key business sectors throughout its global network.
This announcement contains statements that are, or may be, forward-looking statements. All statements other than statements of historical facts included in this announcement may be forward-looking statements. Forward-looking statements often use words such as "target", "plan", "believe", "expect", "aim", "intend", "will", "should", "could", "would", "may", "consider", "anticipate", "estimate", "synergy", "cost saving", "project", "goal" or "strategy" or words or terms of similar substance or the negative of such words. Forward-looking statements include statements relating to the following: (i) the expected timetable for implementing the transaction, future capital expenditures, expenses, revenues, earnings, synergies, economic performance, financial condition, losses and future prospects of EastBank Capital and (ii) business and management strategies and the expansion and growth of EastBank Capital's operations and potential synergies resulting from the transactions contemplated.
These forward-looking statements are not guarantees of future performance. They have not been reviewed by auditors. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements, including, among other things, the enactment of legislation or regulation that may impose costs or restrict activities; the re-negotiation of contracts or licenses; fluctuations in demand and pricing; fluctuations of exchange controls, changes in government policy and taxation; industrial disputes; war and terrorism. These forward-looking statements involve known and unknown risks and uncertainties which may cause them to differ from the actual results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on numerous assumptions regarding the present and future business strategies of such persons and the environment in which each will operate in the future. Investors are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this announcement. All subsequent oral or written forward-looking statements attributable to EastBank Capital or any of their respective members, directors, officers or employees or any persons acting on their behalf are expressly qualified in their entirety by the cautionary statement above. All forward-looking statements included in this announcement are based on information available to EastBank Capital on the date of this announcement and are made only as of the date of this announcement. Undue reliance should not be placed on such forward-looking statements. Subject to compliance with their legal and regulatory obligations, EastBank Capital does not intend, or undertake any obligation, to update any forward-looking statements contained in this announcement.
About EastBank Capital
230 Park Avenue, 10th Floor
New York, NY 10169
Phone : 6463502967
Published On:August 23, 2013
Print Release:Print Release
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