
WTDC has identified and now provides assistance in two key instances that require Export Trade Finance:
1) Medium-Term capital goods financing for the customers of U.S. Exporters. This financing term ranges from 3 to 7 years and is an inexpensive option for the overseas buyer.
2) Foreign Receivables financing. Exporters obtain liquidity for their foreign receivables in a short term environment, traditional terms range from 30 to 90 days.
As a result of an article published by the Miami Herald in which WTDC executives provided information and quotes, WTDC identified that the Trade Finance offerings in the Marketplace were almost nonexistent. “When we identify a problem that our customers face, we try to find the proper solution,” said Ralph Gazitua, CEO of WTDC. “We have now identified and developed the proper programs to provide assistance to our clientele in one of the critical parts of International Trade: Financing,” added Gary Goldfarb , the company’s Executive Vice President.
WTDC is rolling out a comprehensive program description in each of the Financing categories that will be provided in the initial term (Export Trade Finance). We are also working diligently to establish programs to help the Import Community with Inventory and Receivable funding solutions so that an Importer can grow their business by obtaining much needed cash flow from the Warehoused Inventory and their domestic sales.