Daily News: October 17, 2013

DS-Concept Factoring Provides $3.5MM A/R

DS-Concept Factoring provided a $3.5 million accounts receivable facility to the U.S. division of a distributor of small household appliances.

DS-Concept was introduced to provide a factoring facility for the client’s U.S., Italian and Hong Kong operations.

“DS-Concept’s worldwide presence allowed our client to find a single solution for their global opportunities,” stated Brandyn Prust, vice president of Sales.