Daily News: August 21, 2015

DS-Concept Provides $2MM Facility to Apparel Manufacturer


DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, provided a $2 million export accounts receivable facility to an apparel manufacturer in India. DS-Concept’s non-recourse factoring will bring the client much needed working capital as they continue to rapidly expand into the US market. With this new export facility in place, the client anticipates an annual factored volume of $15MM-$20MM.

The DS-Concept Group maintains a network of offices and affiliates all over the world, including USA, Bulgaria, Hungary, Turkey, Pakistan, Bangladesh, Spain, UK, China and the United Arab Emirates as well as the headquarters in Germany. Combining credit protection, collections, and financing into a single suite of trade finance products, DS-Concept brings streamlined, flexible and best-in-class services to the world’s exporters.