Daily News: December 11, 2014

DS-Concept Provides $4MM Factoring Facility to Seafood Exporter

DS-Concept provided a $4 million export A/R facility to a multinational shrimp exporter headquartered in Spain with facilities in the U.S. and Argentina.

“We’re very pleased to welcome a third generation family business to our portfolio of clients,” states Brandyn Prust, VP of sales of DS-Concept Factoring’s US office. “The new credit facility will allow the company to focus on sales in regions which were dominated by their competition, such as Northern Europe and the Gulf States, resulting in exponential growth.”