Ephesoft Approved for International Sales by Export-Import Bank

Approval paves way for rapid global expansion

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Our advanced capture solution is a perfect fit for smaller companies lacking the financial strength to qualify for standard credit, so the bank’s support in our worldwide expansion is critical.

LAGUNA HILLS, Calif. (PRWEB UK) 11 January 2014

Ephesoft Inc., an industry leader in delivering advanced cloud-ready intelligent document capture solutions, today announced the approval of Ephesoft by the Export-Import Bank of the United States. Ex-Im Bank is the official export credit agency of the U.S. federal government. Securing this approval allows Ephesoft to reach a far broader international business community, especially in developing countries where credit is difficult to obtain.

"This relationship with Ex-Im Bank further solidifies Ephesoft's position as a leader in the global marketplace,” says Don Field, CEO of Ephesoft. “Our advanced capture solution is a perfect fit for smaller companies lacking the financial strength to qualify for standard credit, so the bank’s support in our worldwide expansion is critical. Ephesoft has passed the approval process and expects to start using the bank’s services this fiscal quarter.”

Ex-Im Bank is an independent, self-sustaining federal agency that creates and maintains U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. The Bank provides a variety of financing mechanisms, including working-capital guarantees, export-credit insurance and financing to help foreign buyers purchase U.S. goods and services. In the past fiscal year alone, Ex-Im Bank earned for U.S. taxpayers more than $1 billion above the cost of operations

About Ephesoft:
Ephesoft, Inc. provides a true Intelligent Document Capture platform in the cloud. The document capture solutions use of open standards and web based software offers extreme flexibility and accessibility for a wide range of customers. The state of the art classification technology allows organizations the ability to automate and streamline mailroom processing and other document based business processes. Ephesoft software captures and extracts data from unstructured documents with a powerful extraction engine.

Ephesoft is headquartered in Laguna Hills, California including an office in Reading, England. The company is undergoing rapid growth in both the US and EMEA markets. For more information, please visit http://www.ephesoft.com

Contacts
Ephesoft:
Cristina Rivera    
+1 949 335 5335 ext.521    
cristina.rivera(at)ephesoft.com


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