{"id":26373,"date":"2024-02-26T08:08:54","date_gmt":"2024-02-26T13:08:54","guid":{"rendered":"https:\/\/www.tradewindfinance.com\/?p=26373"},"modified":"2024-06-13T14:57:50","modified_gmt":"2024-06-13T18:57:50","slug":"tradewind-finance-adds-eur-35-million-factoring-facility-for-steel-manufacturer-in-europe-funds-largest-single-shipment-to-date","status":"publish","type":"post","link":"https:\/\/www.tradewindfinance.com\/bg\/blog\/2024\/02\/26\/tradewind-finance-adds-eur-35-million-factoring-facility-for-steel-manufacturer-in-europe-funds-largest-single-shipment-to-date\/","title":{"rendered":"Tradewind Finance Adds EUR 35 Million Factoring Facility for Steel Manufacturer in Europe, Funds Largest Single Shipment To Date"},"content":{"rendered":"<p>Businesses dealing in lower-priced, lower margin products typically need to sell higher volumes to turn a profit. Financing exports can facilitate large enough shipments to achieve profitability in these cases.<\/p>\n<p>In this vein, Tradewind Finance, a global trade finance firm, is pleased to announce an additional factoring facility of EUR 35 million for one of its longstanding clients, a steel manufacturer based in Europe with operations worldwide. The facility was structured for the manufacturer\u2019s European business. As part of today\u2019s announcement, the firm is also proud to share that it has funded its largest single shipment of nearly EUR 15 million for an entirely full vessel of square billets, a product made from scrap metal.<\/p>\n<p>The new financing marks Tradewind\u2019s continued commitment of providing financial and trade support for the commodities industry, as well as its ability to scale funding in line with its clients\u2019 growth. The record funding installment is a milestone for Tradewind in its nearly 25 years of providing tailor-made trade finance for its clients.<\/p>\n<p><strong>About Tradewind Finance<\/strong><\/p>\n<p>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":"<p>Businesses dealing in lower-priced, lower margin products typically need to sell higher volumes to turn a profit. Financing exports can facilitate large enough shipments to achieve profitability in these cases. In this vein, Tradewind Finance, a global trade finance firm, is pleased to announce an additional factoring facility of EUR 35 million for one of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":26375,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","footnotes":""},"categories":[95,96],"tags":[],"class_list":["post-26373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deal-announcements","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tradewind Finance Adds EUR 35 Million Factoring Facility for Steel Manufacturer in Europe, Funds Largest Single Shipment To Date - Tradewind Finance<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"bg_BG\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tradewind Finance Adds EUR 35 Million Factoring Facility for Steel Manufacturer in Europe, Funds Largest Single Shipment To Date\" \/>\n<meta property=\"og:description\" content=\"Businesses dealing in lower-priced, lower margin products typically need to sell higher volumes to turn a profit. Financing exports can facilitate large enough shipments to achieve profitability in these cases. In this vein, Tradewind Finance, a global trade finance firm, is pleased to announce an additional factoring facility of EUR 35 million for one of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.tradewindfinance.com\/blog\/2024\/02\/26\/tradewind-finance-adds-eur-35-million-factoring-facility-for-steel-manufacturer-in-europe-funds-largest-single-shipment-to-date\/\" \/>\n<meta property=\"og:site_name\" content=\"Tradewind Finance\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-26T13:08:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-13T18:57:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradewind-finance.s3.amazonaws.com\/wordpress\/wp-content\/uploads\/2024\/02\/30162056\/steel-manufacturing-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Catherine Alvino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Catherine Alvino\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 \u043c\u0438\u043d\u0443\u0442\u0438\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.tradewindfinance.com\\\/blog\\\/2024\\\/02\\\/26\\\/tradewind-finance-adds-eur-35-million-factoring-facility-for-steel-manufacturer-in-europe-funds-largest-single-shipment-to-date\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.tradewindfinance.com\\\/blog\\\/2024\\\/02\\\/26\\\/tradewind-finance-adds-eur-35-million-factoring-facility-for-steel-manufacturer-in-europe-funds-largest-single-shipment-to-date\\\/\"},\"author\":{\"name\":\"Catherine Alvino\",\"@id\":\"https:\\\/\\\/www.tradewindfinance.com\\\/#\\\/schema\\\/person\\\/ff915010f59ea4a90d854a2f121ec8b2\"},\"headline\":\"Tradewind Finance Adds EUR 35 Million Factoring Facility for Steel Manufacturer in Europe, Funds Largest Single Shipment To Date\",\"datePublished\":\"2024-02-26T13:08:54+00:00\",\"dateModified\":\"2024-06-13T18:57:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.tradewindfinance.com\\\/blog\\\/2024\\\/02\\\/26\\\/tradewind-finance-adds-eur-35-million-factoring-facility-for-steel-manufacturer-in-europe-funds-largest-single-shipment-to-date\\\/\"},\"wordCount\":254,\"publisher\":{\"@id\":\"https:\\\/\\\/www.tradewindfinance.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.tradewindfinance.com\\\/blog\\\/2024\\\/02\\\/26\\\/tradewind-finance-adds-eur-35-million-factoring-facility-for-steel-manufacturer-in-europe-funds-largest-single-shipment-to-date\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.tradewindfinance.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/steel-manufacturing-1.jpg\",\"articleSection\":[\"Deal Announcements\",\"Press Releases\"],\"inLanguage\":\"bg-BG\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.tradewindfinance.com\\\/blog\\\/2024\\\/02\\\/26\\\/tradewind-finance-adds-eur-35-million-factoring-facility-for-steel-manufacturer-in-europe-funds-largest-single-shipment-to-date\\\/\",\"url\":\"https:\\\/\\\/www.tradewindfinance.com\\\/blog\\\/2024\\\/02\\\/26\\\/tradewind-finance-adds-eur-35-million-factoring-facility-for-steel-manufacturer-in-europe-funds-largest-single-shipment-to-date\\\/\",\"name\":\"Tradewind Finance Adds EUR 35 Million Factoring Facility for Steel Manufacturer in Europe, Funds Largest Single Shipment To Date - 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