Tradewind Finance Closes USD 2.4 Million Receivables Finance Program for Lahore-based Denim Manufacturer
Tradewind Finance is pleased to announce a USD 2.4 million receivables program for a leading denim manufacturer based out of Lahore, Pakistan. The company supplies to premium brands based in the USA and Europe.
The facility allowed the company to free up working capital to support sales expansion to existing and new buyers. The renowned denim manufacturer engaged with Tradewind at a time supply chains were faced with immense stress and variability. The facility was delivered with a quick turnaround, easing liquidity concerns to both buyers and the supplier.
Ali Mehdi, Business Development Manager at Tradewind Pakistan, commented, “Apparel manufacturing is in our DNA, so our immediate understanding of the client’s business requirements resulted in a customized offering to help with their growth and expansion goals.”
Tradewind Finance, headquartered in Germany, maintains a seasoned workforce of over 170 employees and a global network of offices, including Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, Hungary, Iceland, India, Pakistan, Peru, Turkey, UAE, and the USA.
Since its inception 20 years ago, Tradewind Finance has contributed to driving global trade by providing practical, trade-based liquidity management solutions to small and medium enterprises.