Facing long payment terms with these big retail names as well as the demand to fill rising orders, the company is using the facility to accelerate cash flow for working capital purposes. In addition to solving their pressing liquidity needs, the partnership with Tradewind will support the client in maintaining long-term business relationships with their buyers through the firm’s scalable funding option that can be increased as sales grow in the future.

‘’We are happy to structure a tailor-made financing solution that equipped our client with the liquidity to take on the high volume of orders from their buyers and sustain growth. The success of our partnership illustrates how Tradewind’s financial solutions can help improve the relations of the whole supply chain, allowing our client to cater to the payment terms of both their vendors and buyers,’’ Soheil Zali, Regional Commercial Director at Tradewind Middle East Limited, said.

In addition to running an apparel operation that supplies some of the world’s top brands and retailers, the larger group that the company belongs to has taken actions to give back to their community. In one such instance, according to the client’s website, the chairman of the group is referenced for having founded a local high school in Bangladesh which serves 900 students.

Founded in 2000, Tradewind Finance maintains a network of offices all over the world, including Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, Hungary, India, Pakistan, Peru, Turkey, UAE, and the USA as well as the headquarters in Germany. Combining financing, credit protection, and collections into a single suite of trade finance products, Tradewind brings streamlined, flexible, and best-in-class services to the world’s exporters and importers.

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The company specializes in bags for both men and women. Their line of fashionably-weathered totes is sustainably produced in an effort to minimize water waste and the use of non-biodegradable plastics. They maintain a fair working environment too, barring underage employment and empowering women from underprivileged backgrounds to join their talent force.

Managing cash flow was a sticky problem for the India-based manufacturer, given the sixty-day credit terms in place with their buyer. At the suggestion of a peer in the leather accessory business, the company secured additional capital by factoring their receivables with Tradewind.

“We are pleased that our financing solutions could accelerate cash flow for our client and are on-board to increase the facility size as their needs require,” Soheil Zali, Regional Commercial Director and Board of Director at Tradewind Middle East Limited, said.

Funding support, projected to grow to approximately USD 1 million by the year end, is going towards the company’s mission of improving the welfare of the community and the planet. With the cash flow to sustain extended payment terms, which are preferred by many large retailers, consumer-conscious shoppers will also continue to see these eco-friendly bags at the store.

Founded in 2000, Tradewind Finance maintains a network of offices all over the world, including Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, Hungary, Iceland, India, Pakistan, Peru, Turkey, UAE, and the USA as well as the headquarters in Germany. Combining financing, credit protection, and collections into a single suite of trade finance products, Tradewind brings streamlined, flexible, and best-in-class services to the world’s exporters and importers.

The post Tradewind Finance Provides Funding to Sustainable Leather Handbags Manufacturer based in India appeared first on Tradewind Finance.

When the apparel purveyor began to experience an increase in business, it knew additional capital was imperative to keep up with orders. Furthermore, it was caught in a cash flow cycle in which retailers deferred payment, while it was still tasked with paying its multiple suppliers upfront, leaving it drained of cash.

To settle the mismatch in doling out payment and receiving it, the company turned to Tradewind Finance for support in accelerating its cash flow. With Tradewind as its lending partner, the trader was able to release the capital from its invoices quickly, replenishing it with liquidity to pay its vendors on-time, keep open account payment terms with buyers, and sustain growth.

“We are delighted that our financing solution proved to be the right fit for our client, so they could fulfill a high volume of orders without added cash flow pressures. Additionally, the success of our partnership is a prime example of how Tradewind’s financial services can help improve relations across the entire supply chain,” Soheil Zali, Regional Commercial Director and Board of Director at Tradewind Middle East Limited, said.

Because of Tradewind’s scalable facilities where funding can be increased in line with a rise in sales, the client has upheld a trajectory of remarkable growth.

Founded in 2000, Tradewind Finance maintains a network of offices all over the world, including Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, Hungary, Iceland, India, Pakistan, Peru, Turkey, UAE, and the USA as well as the headquarters in Germany. Combining financing, credit protection, and collections into a single suite of trade finance products, Tradewind brings streamlined, flexible, and best-in-class services to the world’s exporters and importers.

The post Garment Trader in Bangladesh Secures USD 6 Million in Funding from Tradewind Finance appeared first on Tradewind Finance.

From chef jackets to medical scrubs, the company is invested in producing quality, comfortable attire for a range of frontline professions. With more than two decades in operation, it also has a stake in the region’s huge home textiles industry as a manufacturer of bed linens and towels.

Eyeing expansion, the company sought a lender that could bridge the gap in working capital they faced so they could fulfill existing orders smoothly and capitalize on future growth opportunities. Having evaluated the financing options available to them, they chose Tradewind Finance, known for funding SMEs around the world, as their preferred financial partner. Lower rates, an international presence, and a flexible approach to financing made Tradewind stand out among other financiers.

Rather than having to wait on payment from their customers, the company used Tradewind’s factoring services to monetize their accounts receivable and quickly unlock the capital tied up in them. By converting their receivables into immediate cash, they secured the liquidity needed to scale their business. The export factoring facility was structured in dual currencies, USD and Euro.

“We are happy that Tradewind’s tailor-made financing was the right fit for our client. Using our solutions, the client will be able to build business with existing customers as well as new ones in international markets,” Soheil Zali, Regional Commercial Director and Board of Director at Tradewind Middle East Limited, said.

In addition to its headquarters in Germany, Tradewind Finance has offices in Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, Hungary, Iceland, India, Pakistan, Peru, Turkey, United Arab Emirates, and the United States. By combining financing, credit protection, and collections, Tradewind offers streamlined, flexible, and best-in-class services to exporters and importers around the globe.

The post Tradewind Finance Funds Pakistani Workwear Manufacturer for Frontline Professionals appeared first on Tradewind Finance.

Every year, the company exports more than USD 10 million worth of accessories to top retailers and renowned brands around the world. Despite challenges faced in capital turnover and supply chain operations during COVID-19, the company was still able to maintain relative financial stability for its competitive products and sustain long-term relationships with well-known buyers.

As global sales grew, the company faced funding difficulties due to large orders and extended payment terms. Bank loans for a company with limited assets proved difficult to obtain. Due to Tradewind’s reputation for cutting-edge cross-border financing and superior customer service, the company sought Tradewind’s export factoring services to reduce the risk of funding more new orders without tying up collateral, cash, or physical assets.

Dickson Au, Tradewind’s Regional Commercial Director – Far East, said, “We are looking forward to working with this fast-growing company to help it realize its growth plans. Tradewind offers a variety of customized solutions across a variety of industry sectors, which are geared to help clients boost orders and succeed in their businesses.”

About Tradewind Finance

Founded in 2000, Tradewind Finance maintains a network of offices all over the world, including Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, Hungary, Iceland, India, Pakistan, Peru, Turkey, UAE, and the USA as well as the headquarters in Germany. Combining financing, credit protection, and collections into a single suite of trade finance products, Tradewind brings streamlined, flexible, and best-in-class services to the world’s exporters and importers.

The post Tradewind announces a USD 3 million export factoring facility for a Hong Kong accessories trading company appeared first on Tradewind Finance.

It has its headquarters in the fashion-forward city of London, where it oversees key steps in the creation of clothing and makes them ready for retail. This includes designing the goods, arranging production, and ensuring that they are shipped to the customers. As soon as the clothing items are finished, they are exported to the company’s extensive buyer portfolio, which consists of buyers from the United States, Canada, Europe, and other parts of the United Kingdom.

In the role of acting as a centralized and integrated supply chain for their customers, the apparel trader found themselves juggling the capital requirements of all the parties they kept in contact with, while also considering their own cash flow. As trade volumes have increased significantly in recent years, the company could need additional working capital in order to support continued growth.

Tradewind’s role as the UK company’s first choice lender enabled it to expedite the cash flow required for the apparel business by way of non-recourse export finance. As a result, the apparel business was able to pay suppliers on time and extend payment terms for buyers by three months.

Tradewind’s Regional Commercial Director for West and South Asia, Soheil Zali, stated: “Tradewind is excited that our customized cash flow solutions have given our client the flexibility to improve their business relationships with buyers and suppliers. After surviving a difficult period amidst the impact of the pandemic, the client is poised to multiply its sales even further.”

In addition to its headquarters in Germany, Tradewind Finance has offices in Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, Hungary, Iceland, India, Pakistan, Peru, Turkey, United Arab Emirates, and the United States. By combining financing, credit protection, and collections, Tradewind offers streamlined, flexible, and best-in-class services to exporters and importers around the globe.

The post UK trader of sustainable fashion apparel receives USD 1.2 million in funding from Tradewind Finance appeared first on Tradewind Finance.

The company, which sells a variety of clothing to well-known retailers across the world, has generally maintained a healthy financial position. Since overseas demand for garments was booming, the trader was able to work with a growing number of new foreign buyers and also saw orders rise rapidly. Although the company experienced an increase in business, it was strained to manage it and became cash-strapped after paying suppliers while expecting payment from buyers.

Moreover, it is mainly a trading company, which means it has limited assets, so securing bank financing, especially to fulfill its trade needs, proved challenging. Taking advantage of Tradewind’s tailor-made financial solutions, the trading company turned to Tradewind, which specializes in the trade finance requirements of companies based in Hong Kong and the UAE. In using Tradewind’s USD 350,000 facility, the company was able to support open account terms of 60 days for its buyers.

“Despite playing a crucial role in international trade, small and medium-sized trading companies often find it hard to manage their cash flow. Tradewind’s practical funding solutions helped the client to optimize its working capital, enabling the client to stay competitive and maintain growth in the complex and volatile international trading environment,” states Dickson Au, Tradewind’s Regional Commercial Director – Far East.

About Tradewind Finance

Founded in 2000, Tradewind Finance maintains a network of offices all over the world, including Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, Hungary, Iceland, India, Pakistan, Peru, Turkey, UAE, and the USA as well as the headquarters in Germany. Combining financing, credit protection, and collections into a single suite of trade finance products, Tradewind brings streamlined, flexible, and best-in-class services to the world’s exporters and importers.

The post Tradewind Finance Closes Export Factoring Facility for Garment Trading Company Based in Hong Kong appeared first on Tradewind Finance.

Unlike traditional bank loans, which rely on the client’s balance sheet and their ability to borrow, Tradewind offers practical, non-recourse trade-based facility lines that grow along with the company’s sales and required order volume. The Tradewind team was able to respond immediately to the customer’s needs, increasing the customer’s credit line to facilitate the growing order volume.

“Scalable funding is a strategic tool available to our clients who are growing rapidly in their businesses. With a more expansive facility line, Tradewind’s client was able to enter new markets smoothly and securely,” notes Soheil Zali, Tradewind’s Regional Commercial Director – West and South Asia.

Due to the funding, the client was able to continue offering extended payment terms to their customers, mostly located in Europe and the U.S. Having the ability to offer flexible payment schedules and serve larger orders quickly helped strengthen the client’s position in the apparel sourcing market.

About Tradewind Finance

Founded in 2000, Tradewind Finance maintains a network of offices all over the world, including Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, Hungary, Iceland, India, Pakistan, Peru, Turkey, UAE, and the USA as well as the headquarters in Germany. Combining financing, credit protection, and collections into a single suite of trade finance products, Tradewind brings streamlined, flexible, and best-in-class services to the world’s exporters and importers.

The post Tradewind Finance boosts facility line to USD 10 million for Pakistani clothing manufacturer appeared first on Tradewind Finance.

The client, based in Lahore, is a trusted sourcing partner for many reputable retailers in Europe and the U.K. It is responsible for designing garments and accessories, creating samples, rigorous quality control, and shipping products for large brands.

Cash flow management became challenging owing to the client’s requirements to manage a complex network of factories. The company chose Tradewind to provide its export factoring solutions, a receivables-based financing method that quickly converts receivables into cash.

Offering the client such a credit facility relieved their financial pressure. It enabled them to better coordinate payments to their suppliers, and gave them an opportunity to expand their sourcing network in Pakistan. This facility supports sales made on a 30-day DA credit term.

“From the get-go, understanding the needs of our clients has been our top priority,” says Tradewind’s Regional Commercial Director for West and South Asia, Soheil Zali. In response to our client’s unique cash flow requirements, we designed funding for them that supports their growth trajectory.”

In addition to its headquarters in Germany, Tradewind Finance has offices in Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, Hungary, Iceland, India, Pakistan, Peru, Turkey, United Arab Emirates, and the United States. By combining financing, credit protection, and collections, Tradewind offers streamlined, flexible, and best-in-class services to exporters and importers around the globe.

The post Tradewind Finance provides USD 2.5 million in funding to an established fashion sourcing company in Pakistan appeared first on Tradewind Finance.

The company, originally selling on immediate payment terms, explored a variety of financing options before choosing to work with Tradewind. The receivables finance solution crafted by Tradewind suited the company’s requirements best as it would help the manufacturer to facilitate greater orders with added credit protection against potential buyer non-payment, and churn more orders on credit terms up to 90 days without negatively affecting their cash cycle.

Such a practical trade-based facility allows for the client to avail financing without needing to tie-up their assets as collateral. The company can safely and securely fund their own growth by tapping into their receivables which would otherwise be paid at the invoice maturity date agreed upon by the buyers.

Md. Rashedul Hasan, Assistant Vice President – Bangladesh Commercial, commented: “Tradewind serves as the bridge between the client and buyers, facilitating liquidity expectations on both legs of the transaction. We are delighted to be able to quickly and effectively provide financing on flexible and feasible terms, in line with the company’s business requirements. ”

Founded in 2000, Tradewind Finance maintains a network of offices all over the world, including Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, Hungary, Iceland, India, Pakistan, Peru, Turkey, UAE, and USA as well as the headquarters in Germany. Combining financing, credit protection, and collections into a single suite of trade finance products, Tradewind brings streamlined, flexible and best-in-class services to the world’s exporters and importers.

The post Tradewind Closes USD 4 Million Receivables Finance Facility for Bangladeshi Ready-made Garments Manufacturer appeared first on Tradewind Finance.