Daily News: November 7, 2014

DS-Concept Provides $4MM in A/R Export Facilities


DS-Concept Factoring has provided a $3 million export accounts receivable facility to an apparel exporter in China as well as their US subsidiary. The client, who provides products to retailers and wholesalers in the United States, is growing significantly.

DS-Concept also provided a $1 million export accounts receivable facility to a home textiles manufacturer in India. The client, a family-owned company, is facing cash constraints as they rapidly expand into the US and European markets.