Alternative investment management firm specializing in trade finance
Established in 2019 in New York, Hommocks LLC is an investment management firm offering short term trade finance to small and medium-sized commodity traders and producers.
Borrowers located globally receive working capital solutions by pledging and assigning their receivables and/or inventory. Each recurring loan amount is in the range of $1 to $50 million and the tenor is typically in the range of 30 to 60 days.
Financing of commodities:
Hommocks has access to a large capital base represented by institutional investors, private funds, family offices and merchant banks.
Main structures of loans include receivable discount, inventory finance / repos, payable finance (supply chain finance), prepayment loans, borrowing base revolver facilities, goods-in-transit finance, purchase order finance, structured export finance, mezzanine debt and others.
Fully licensed broker with the Financial Industry Regulatory Authority, Inc (FINRA).
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