Tradewind Finance’s operations are centered on providing working capital for businesses to grow. Due to these efforts, Tradewind recently provided a USD 2.5 million credit facility to a fashion sourcing company in Pakistan to support their expansion plans.
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.