Tradewind Finance, a globally trusted trade finance provider, today announced a credit facility for one of India’s leading manufacturers of specialty ingredients and shelf-life solutions. The solutions include antioxidants used to keep food fresh. The manufacturer is applying the funds to fill growing orders, scale operations, and for other working capital purposes.
The manufacturer, also known for its food flavorings and nutritional products, was witnessing a steady flow of orders when it decided to pursue financing to support its growth internationally.
Though it had worked with other lenders, the manufacturer chose invoice factoring from Tradewind because of the firm’s flexible funding, which could be scaled as the manufacturer’s export business grew.
Also attractive to the client was Tradewind’s global footprint. Through its international network, Tradewind was equipped to provide trade finance support for both the manufacturer’s India operations and for its exports to overseas buyers in North and South America, Europe, China, Japan, the Middle East, and GCC countries.
“The exporter had previous experience with other factors in India, but after evaluating various options, they found that our offer stood out as the most attractive solution, given our global presence and broad range of countries where we accept buyers. Furthermore, they were impressed with our competitive pricing, flexibility, and the level of service we provided, including a fast response time,” Abdul Wakil, Vice President – Business Development, notes.
The facility, which is structured in both USD and EUR, is accelerating cash flow for the manufacturer, enabling it to maintain smooth operations and positioning it for further growth.
Tradewind is proud to be celebrating its 25th anniversary this year. For 25 years, the firm has been delivering reliable trade finance for businesses globally. Tradewind partners with exporters in a range of industries, including the shelf-life solutions and specialty chemicals industry in India. If you operate in this industry and would like to know more about Tradewind’s export finance solutions, visit their website: https://www.tradewindfinance.com/export-factoring/
For more about Tradewind and how their export factoring solutions work, including enhancing liquidity and reducing trade risk, learn more: https://www.tradewindfinance.com/
About Tradewind Finance
Founded in 2000, Tradewind Finance maintains a network of offices all over the world, including Bangladesh, 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.