Germany : DS-Concept gives $5mn factoring to apparel exporter

InquiryNow

Please fill in your details to download the Table of Contents of this report for free. We also do customization of these reports so you can write to us at mi@fibre2fashion.com in case you need any other additional information.

Name

Company

Phone Number

Country

Comments

Advanced Search

Home / Knowledge / News / Apparel/Garments / DS-Concept gives $5mn factoring to apparel exporter

DS-Concept gives $5mn factoring to apparel exporter

30
Nov '16

DS-Concept, a Germany based global finance company specialising in non-recourse factoring and trade finance, has provided an export factoring facility of $5 million to a Hong Kong based apparel exporter. With the finance company's export facility and support, the apparel exporter predicts close to $18MM to $20MM in annual factored volume.

The client of DS-Concept exports apparel to companies in the US and Europe. It was seeking a flexible, reliable and long-term financing partner to create liquidity and accelerate cash flow without increasing liabilities and hence joined hands with DS-Conecpt.

DS-Concept maintains a network of offices and affiliates all over the world including US, Bulgaria, Hungary, Turkey, Pakistan, Bangladesh, Spain, UK, China and UAE. 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. (KD)

Fibre2Fashion News Desk – India

More Apparel/Garments News - Germany...