Express Trade Capital

1410 Broadway, New York, NY
Express Trade Capital is a New York City factoring company.
Drew Cohen of Express Trade Capital
Drew Cohen
Director of Strategy

Drew Cohen

Director of Strategy

Drew F. Cohen is an investment and trade finance attorney with experience in a wide range of industries and deal types. As an executive at Express Trade Capital, Inc., he is responsible for structuring and executing complex cross-border transactions as well as providing legal and regulatory advice. He is a former law clerk to the Chief Justice of the Constitutional Court of South Africa as well as to a federal judge at the United States Court of International Trade. Drew is a graduate of The George Washington Law School and School of Business where he earned his JD and MBA as an EURC Scholar. He graduated with a BA in Economics and Political Science summa cum laude and Phi Beta Kappa from the same institution where he was a George Gamow Fellow. He is a member of the New York State Bar. He is also a Member of the Board of Directors of Standard Commerce Bank, a privately owned and fully independent bank servicing industrial and commercial entities as well as private individuals.

Bio

Express Trade Capital is a finance company in New York City that offers a complete suite of financial and logistical services to help you buy, move and sell your products around the world. Express Trade handles everything from purchase order financing, letters of credit, invoice factoring, and freight and warehousing to trucking and customs clearance.

Express Trade Capital combines superior financial solutions with extensive logistical and supply chain management expertise and services. We have a global supply chain finance package to meet your particular business needs.

Express Trade offers these invoice factoring benefits:

  • Credit facilities up to $20 Million
  • Credit protection to prevent losses
  • Unlimited credit checks on customers
  • Representation for foreign corporations

We may be the only financier that also handles logistics. We help you move goods around the world, saving you time, money and headaches. We are experts in ocean, air and land transportation; customs clearance; trade and security compliance; warehousing and distribution; and more.

Industries Served:

Apparel
Business Services
Distribution
Manufacturing
Oil and Gas
PO Financing
Staffing Agencies
Trucking

Featured Services:

Collection services:
Yes
Credit services:
Yes
24 hour funding:
Yes
Non-recourse factoring:
Yes
Online reporting:
Yes
Invoice software integration:
Yes

Terms of Service:

Contract length:
We like to have a one year contract as it does cost us a lot of money to set up new clients.
Application and start-up fees:
Application and start up fees depend on the industry.
Monthly minimum:
Most likely, no. Again this depends the type of business you have and how you plan to work with us.
Factor all invoices:
Depending on what type of financing you are doing will determine this. Pricing also plays a big factor in this.
Reserve availability:
When requested. (Usually same day).
Cancellation fee:
Cancellation fees depend on contract, term, and amount of factoring in place. It can be as low as $0 in many of our factoring cases.
Additional fees:
We pass along any associated bank fees; all charges are discussed up front.

General Information

212-997-0155
Visit website
Year founded:
1993
No. employees:
11-50
Associations:
CFA, IFA
Address:
1410 Broadway, New York, NY

Financial Information

Minimum credit facility ($):
No minimum
Maximum credit facility ($):
20,000,000
Advance rate (%):
80-90%
Other types of financing:
PO Financing, Letters of Credit, Asset Based Lending
Contact
212-997-0155

1410 Broadway, New York, NY

1410 Broadway, New York, NY

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