Daily News: April 22, 2013

DS-Concept Closes $5.5MM in A/R Lines


DS-Concept Factoring announced the completion of four deals. The transactions, which total $5.5 million, consist of:

  • a $2 million A/R line to a clothing distributor
  • a $1.5 million A/R line to a mattress manufacturer
  • a $1 million PO and A/R line to a clothing designer and
  • a $1 million PO and A/R line to a playhouse distributor.

    DS-Concept is a source for international trade finance to small and mid-market companies.