Daily News: December 30, 2015

DS-Concept Provides $3MM Factoring Facility to Garment Exporter

DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, provided a $3 million export A/R facility to an entrepreneur-led garment exporter in Bangladesh.

The client, who is experiencing growth in major markets such as the U.S. and Europe, was limited by the financing options offered by the local banks. The client anticipates a factored volume of $25 million for 2016.

The DS-Concept Group maintains a network of offices and affiliates all over the world, including USA, Bulgaria, Hungary, Turkey, Pakistan, Bangladesh, Spain, the UK, China and the United Arab Emirates as well as its headquarters in Germany.