Tradewind Announces $5 Million Post-Shipment Finance Facility for India-based Company in the Chemical Industry

Tradewind has provided a $5 million credit facility to a manufacturer of flavorings, essential oils, and fragrances based in India. The company exports to the United States and Europe and is using the facility to grow their business and expand into new markets.

The India-based manufacturer uses sustainable techniques to produce their line of flavorings and operates a lab dedicated to research and development. In order to capitalize on their R&D capabilities and build their business, they required access to additional working capital.

Since the company was asset-light, local banks were reluctant to grant them post-shipment financing, prompting the need for a more flexible lender. They were referred to Tradewind who was able to design the right financing solution for them.

As the company’s financial partner, Tradewind provided flexibility and leveraged its experience of working with other asset-light businesses to create an optimal funding package that accelerated cash flow and enabled growth. The company received ongoing guidance and felt empowered as they looked to expand knowing that Tradewind had offices with resources and business connections around the world as support.

“We are happy to assist our new client with the liquidity needed to achieve their goals. Our facility will allow the client to focus on their core business and conduct transactions on open account terms without worrying about their working capital and risk,” states Ankit Goel, Managing Director of Tradewind India.

Tradewind maintains a network of offices all over the world, including Bangladesh, Brazil, Bulgaria, China, Hong Kong, Hungary, Iceland, India, Pakistan, Peru, Turkey, UAE, and 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.