Tradewind closed a $1.25 million credit facility for a Peruvian exporter of fruits, including mangoes, avocados, bananas and citrus products.
The fruit company sells mainly to Europe and exports to the U.S. and Canada.
The added liquidity from Tradewind will allow the company to fill its increasing orders without compromising cash flow.
In seeking out financing, the company wanted not only to be able to keep up with orders, but also hoped to strengthen long-term commercial ties with its customers. To help the exporter meet these objectives, Tradewind offered a tailor-made working capital solution to support the exporter’s immediate cash flow needs and will be able to scale funding for the company’s future growth requirements.
Tradewind’s competitive prices, flexibility and local office in Lima made the trade finance firm a good match for the company to help it achieve its goals.
“We are pleased to offer a financing solution that will help drive growth for our client by accelerating cash flow. Tradewind is proud to provide export factoring services to another promising Peruvian client, who can focus on operating their business and upholding the quality of their products and procedures with our assistance,” said Fabrizio Vásquez Curotto, country manager of Peru.
