DS-Concept Provides $10 Million Export Factoring Facility to Garment Manufacturer in Vietnam
DS-Concept, a global commercial finance company specialized in non-recourse factoring and supply chain finance, has provided a Vietnam based garment manufacturer with a $10 million export factoring facility. The client, who exports to Europe and the United States, was seeking a long-term financing partner to accelerate cash flow and be able to fill its rapidly increasing orders. With DS-Concept’s export facility and support, the client forecasts $35MM-$40MM in annual factored volume.
The DS-Concept Group maintains a network of offices and affiliates all over the world, including USA, Bulgaria, Hungary, Turkey, Pakistan, Bangladesh, Spain, UK, China and the United Arab Emirates as well as the headquarters in Germany. Combining credit protection, collections, and financing into a single suite of trade finance products, DS-Concept brings streamlined, flexible and best-in-class services to the world's exporters.