Tradewind Finance, in a deal debuting its funding capabilities for another local currency, provided a factoring facility in Hong Kong dollars for a consultancy firm based in Hong Kong that provides financial advisory services to global banks and other financial institutions located in the region. The deal adds the Hong Kong dollar to the roster of currencies in which Tradewind structures its cash flow arrangements, including U.S. dollars, euros, British pounds and Hungarian forints.
When traditional lenders refused to finance the consultancy firm or fell short with its funding, the client sought out Tradewind’s factoring solutions to generate cash flow for its immediate capital needs, including office expenses. Since the client would be using the facility to pay expenses like payroll and rent in the local currency, Tradewind designed the financing package for disbursement in Hong Kong dollars.
Tradewind Finance maintains a network of offices all over the world, including Bangladesh, Brazil, Bulgaria, China, Hong Kong, Hungary, Iceland, India, Pakistan, Peru, Turkey, the United Arab Emirates and the United States as well as the headquarters in Germany.
