Tradewind Finance, a global trade finance provider, has completed a USD 2 million post shipment facility for a leading apparel sourcing company based in India that sells to well-known retailers and brands in Europe and the USA. The sourcing company, which offers menswear, womenswear, children and infant clothing, is a returning customer of Tradewind and is applying the added cash flow from the facility to pay their factory partners in advance.
International capabilities, timely solutions, and competitive pricing all set Tradewind apart from other finance companies at the time the deal took shape. Met with limit constraints from banks and financial institutions, the client decided on Tradewind’s flexible financing package that allowed them to pay their factory partners when goods are shipped, creating room for growth and expansion along the supply chain.
“After reviewing a number of finance options, our client chose to work with Tradewind because of our agile and creative approach, global scale, and quick working capital solutions that addressed their requirements. We believe our receivables finance offering will support their expansion goals, in existing markets and beyond,” says S. Palaniappan, Vice President of Business Development, in Tradewind’s India office.
Tradewind has been providing reliable financing for the apparel and textile industry for nearly 25 years. From its local office in India, the firm was able to deliver personalized service to the client, helping to accelerate their cash flow and better equip them to increase orders and gain new buyers.
For more information on Tradewind and the company’s innovative cash flow solutions for international trade, visit our website: http://lhcg.poscoop.com/
About Tradewind Finance
Founded in 2000, Tradewind Finance maintains a network of offices all over the world, including Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, Hungary, India, Pakistan, Turkey, UAE, and the USA as well as the headquarters in Germany. Combining financing, credit protection, and collections into a single suite of trade finance products, Tradewind brings streamlined, flexible, and best-in-class services to the world’s exporters and importers.
