Caren Raphael's Contact Details

Caren Raphael's Company Details

Westchester Export Capital, LLC

Katonah, NY, US • 20 - 49 Employees
Financial Services

Westchester Export Capital, LLC (WEC) is the world's leading automotive trade export financier, specializing in financing automotive products across the globe for business-to-business clients. Since 2009, we have been the sector leader in providing financial support to small and medium-sized businesses worldwide that do not have access to capital through traditional banking and investment channels. For businesses that do not have sufficient capital to facilitate customers purchasing through letters of credit (LCs), Westchester Export Capital, LLC can bridge the gap by providing access to 95% of the letter of credit value. In this way, we have enabled our clients to process more export transactions, build their businesses, and grow their profitability. We lend capital against irrevocable letters of credit from creditworthy banks. For our clients who have a customer wanting to pay for their imports by irrevocable letter of credit, we will fund our clients against those LCs and provide them with the capital to purchase the goods.We fund various types of exports and provide the capital necessary for clients to sustain and expand their growth via export financing. We offer custom automotive trade finance options that make dealing with letters of credit from international buyers fast, simple, and cost effective, allowing our clients to focus on increasing sales volume and improving profitability. Through our rapidly growing network of over 40 automotive dealers spanning Europe, North America, South America, and the Middle East, Westchester Export Capital, LLC has unparalleled access to left-hand and right-hand drive automotive markets. Our clients specialize in exporting models including Aston Martin, Audi, Bentley, BMW, Ferrari, Lamborghini, Land Rover, Maserati, Mercedes-Benz, and Porsche.With an existing buying network spanning China, North Africa, Australasia and North America, we provide clients with new sales routes on an international scale.