Retail Merchandiser - November/December 2017 - 107
EXPRESS TRADE CAPITAL
market is demanding and we aim to meet whatever it is."
Estrakh cites Express Trade Capital's newest venture,
Stern Corporate Services Group, as an example. "There are
many foreign companies who would love to do business
in the United States," he says. "With the rise of online
retailers, including Amazon, we felt there was a need for
someone to be the middleman between these retailers and
"We felt there was a need for
someone to be the middleman
between these retailers and foreign companies."
Express Trade Capital is filling that need by helping
foreign wholesalers and manufacturers set up U.S. accounts
through Stern Corporate Services. "We're basically giving
them access to the U.S. market without them having to set
up an operation," Estrakh explains.
As another example of its adaptability, with the significant increase in online sales in recent years, Express Trade
Capital is helping its clients by financing a portion of their
inventory without a purchase order. Additionally, Express
Left to Right: Director of Strategy Drew Cohen,
Senior Vice President David Estrakh, two
associates and CEO Peter Stern.
Trade Capital may consider making an equity investment
in a client's business, which is uncommon among financiers, according to Bienstock. "We may be able to provide
additional financing to get a company over the hump and
to the next level," he says.
Managing Director Mark Bienstock, Vice
President Gary Vantsyan and two clients.