Trade Finance Solutions provided a $4 million supplier credit facility to a Dominican Republic-based farmer’s association. The company imports soy, corn and wheat products from U.S. suppliers and then manufactures and distributes agribusiness and food products to end customers in the Caribbean and Latin America.

The facility will provide extended repayment terms on goods purchased by the company from U.S. suppliers.

“The facility will allow the company to improve working capital by providing longer repayment terms on goods purchased,” said Bruce Sim, senior vice president of Trade Finance Solutions. “In order to grow and take advantage of opportunities, the company required a financing partner who understood supply chain challenges and could provide flexible solutions.”