WASHINGTON, D.C.—September 19, 2013, Interlink Capital Strategies (Interlink) and RedRidge Finance Group (RedRidge) today announced the capitalization of a new lending joint venture (ExWorks Capital, LLC) which will offer export trade financing solutions to underserved U.S. exporters and qualified international buyers using ExIm Bank loan guarantees and insurance.
ExWorks Capital, LLC will offer the following services:
Tim Bridgewater, Chairman of Interlink stated, “In the past twenty years since founding Interlink, we have aggressively worked with our business partners to expand their markets overseas. With this new joint venture with RedRidge, we are now taking a giant step in becoming the premier solution for small and medium sized businesses to successfully and rapidly expand into international markets.”
RedRidge CEO, Randy Abrahams, observed, “Our firm has seen a rapid increase in its clientele exporting to multinational operations overseas and ExWorks Capital will assist these SME’s in obtaining the necessary working capital to support this growth. RedRidge is confident this is the right time for a dedicated trade finance platform to support U.S. exports, which are on track to significantly increase during this Administration.”
About Interlink Capital Strategies
Founded in 1994, Interlink is a Washington, DC based financial consulting firm that provides services and business development support focused on frontier and emerging markets. The Interlink team has arranged billions of dollars of structured and project financing, trade finance, business development and marketing support from government lending programs (i.e., Export Credit Agencies and Development Finance Institutions) and technical assistance for transactions in Latin America, Africa the Middle East, Southeast Asia, former Soviet Union countries and Eastern Europe. In 2010, Interlink Trade Finance was established as an export trading company focusing on procuring U.S. product and selling overseas by providing short-term financing. It is one of a small list of “qualified” ExIm Bank approved exporters to participate in a multi-billion specialized export program with the Chinese government.
For more information please visit www.interlinkdc.com
About RedRidge Finance Group
RedRidge is a Chicago, IL based specialty lender and professional services company providing financing solutions and due diligence services. The company focuses on financing for growth, acquisitions, and restructuring. Its due diligence services include quality of earnings reviews, field audits, real time collateral management and reconciliations, receivable certifications and forensic style cash reviews, financial due diligence, special situation advisory and interim management, and business valuations. Additionally, the company offers debt advisory services, background screening and vetting, and supply chain management solutions.
For more information please visit www.redridgefg.com