Daily News: March 15, 2013

DS-Concept Factoring Announces $2MM in Closed Deals


The North American office of DS-Concept Factoring, a Germany-based import/export trade credit firm established thirteen years ago, has announced several recently closed transactions.

The following is a brief summary of the transactions:

  • $1 facility encompassing purchase order financing in addition to an expanded A/R facility to a NY-based importer and distributor of swing sets, dollhouses, playhouses, and other related large, outdoor toys from China.

  • $1 million facility, encompassing both purchase order and A/R financing, to a women’s apparel company in the NY region, with a sister office in Pakistan (where DS maintains an office).

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