Tradewind Finance structured a €3 million ($3.26 million) credit facility for a German company that trades in polyester fibers used for bedding, furniture and other applications. Tradewine also delivered €650,000 ($707,160) in funding for a Turkish clothing manufacturer that makes denim and non-denim apparel, including jackets, pants and skirts.
Both of Tradewind’s new clients, which export to the European Union, are using the firm’s export factoring solutions to free up capital from their invoices and accelerate cash flow to support operational and growth needs.
