DS-Concept Factoring provided a $1 million reverse factoring facility to a fashion retailer in Germany. The client, a fashion retailer with more than 50 locations throughout the country, anticipates an annual factored volume of $10 million to $15 million.

With DS-Concept funding the client’s suppliers in China and Bangladesh, the foreign vendors benefit from faster funding and lower borrowing costs. With the increased working capital, the client will focus on their expansion and plans to open an additional five retail locations this year.