DS-Concept Provides $5 Million Export Factoring Facility to Apparel Exporter in Hong Kong
DS-Concept, a global commercial finance company specializing in non-recourse factoring and trade finance, has provided a Hong Kong based apparel exporter with a $5 million export factoring facility. The client, who exports to Europe and United States, was seeking a flexible, reliable and long-term financing partner to create liquidity and accelerate cash flow without increasing liabilities. With DS-Concept’s export facility and support, the client forecasts $18MM-$20MM 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.