DS-Concept Announces $3.5 Million Export Finance Facility for Established Seafood Exporter Based in Iceland
DS-Concept has announced the closing of a $3.5 million export finance facility for an established frozen seafood exporter based in Iceland. The company is using the facility to maximize growth with its existing customer base in the USA, Canada, UK, and Europe.
The client approached DS-Concept because of its ability to provide local expertise from its Iceland office as well as its extensive experience working in the seafood industry around the world.
With the facility in place, the client is able to ship larger quantities of its product and offer longer payment terms, allowing them to take advantage of growth opportunities.
The DS-Concept group provides innovative international cash flow solutions tailored for global clients. Focused on the mid-market, its core products are non-recourse factoring and supply chain finance. The group has built an unrivaled reputation for the depth of its international finance expertise by maintaining a network of offices and affiliates around the world including the USA, China, India, Hong Kong, UAE, Turkey, Bangladesh, Pakistan, Iceland, Bulgaria, Hungary, Peru and its headquarters in Germany. Combining financing, credit protection, and collections into a single trade finance facility, DS-Concept offers streamlined, flexible and best-in-class services.