Tradewind Finance Provides over Half a Million EUR Export Factoring Facility to Commodity Trader based in South East Europe

Tradewind Finance has announced the completion of a EUR 600,000 post-shipment finance facility for a coal trader. The funding is being used to support the sales growth of the company in Europe and improve their working capital, needed for the costs of goods purchased.

At the time of the request for financing, the company was already working with a large portfolio of buyers, which they gained thanks to their sourcing expertise in the industry and the quality of their raw materials. When the company approached Tradewind, they were experiencing high sales growth and requests from some of their buyers for deferred payment terms.

Through their long-standing experience in financing, collection services and credit protection, Tradewind Finance provided the support for the company to resolve the cash flow and trading challenges they were facing. Their non-recourse factoring solution offered the financial tools to finance the longer payment terms of the company’s export sales and to facilitate their next payments to suppliers. The company also improved the trade credit potential in their seller-buyer relationship with access to Tradewind’s capabilities, such as their scalable funding which provides factoring opportunities as invoices increase.

Tradewind Finance is pleased to deliver trade finance solutions, needed by traders like our client, as well as by manufacturers and processors from various industries, who work with established buyers from Europe, USA, Canada, Australia and UAE.

Tradewind Finance maintains a network of offices all over the world, including Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, 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 quality financial services to the world's exporters and importers.