Boosting cash flow for apparel and textile companies is central to Tradewind\u2019s services, with almost half of the firm\u2019s customers operating in this sector. Today, the firm continues its dedication to the industry through its completion of EUR 300,000 in funding for a clothing manufacturer and exporter based in Europe that supplies to Europe\u2019s major fashion brands.<\/p>\n
Long payment terms with buyers, growing wages and energy expenses were collectively putting a strain on the company\u2019s cash flow. To alleviate this strain, Tradewind has converted the company\u2019s outstanding receivables into instant liquidity through a custom factoring facility. The facility will allow the clothing manufacturer to purchase the needed raw materials for production and help them manage wages for their employees.<\/p>\n
\u201cWe are excited to work with this new promising client. With over 20 years of financing apparel and textile businesses, Tradewind has the know-how and tools to successfully support the client\u2019s specific cash flow needs,\u201d a representative from Tradewind\u2019s regional office said.<\/p>\n
Using its deep understanding of the apparel and textile industry, Tradewind provides each of its clients with a personalized solution based on product, payment term, and location. The firm\u2019s creative solutions expedite cash flow and enable its customers to increase turnover and achieve growth.<\/p>\n
About Tradewind Finance<\/p>\n
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, Peru, 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\u2019s exporters and importers.<\/p>\n","protected":false},"excerpt":{"rendered":"
Boosting cash flow for apparel and textile companies is central to Tradewind\u2019s services, with almost half of the firm\u2019s customers operating in this sector. Today, the firm continues its dedication to the industry through its completion of EUR 300,000 in funding for a clothing manufacturer and exporter based in Europe that supplies to Europe\u2019s major […]<\/p>\n","protected":false},"author":5,"featured_media":20897,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","footnotes":""},"categories":[96],"tags":[],"class_list":["post-20907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases"],"acf":[],"yoast_head":"\n