Daily News: January 22, 2015

DS-Concept Provides A/R Facility to Chinese Seafood Exporter

DS-Concept Factoring provided a $10 million export accounts receivable facility to a multinational seafood exporter headquartered in Guangdong, China.

The client, whose export volume exceeded $70 million in 2014, is experiencing a rapid increase in their exports to North America and Europe. With the help of DS-Concept’s export factoring facility, the client can now avoid the capital constraints from the traditional banks and fully meet the demand of their international expansion.