DS-Concept Factoring, Inc. Relocates Its North America Headquarter to New York

MONCHENGLADBACH, GERMANY--(Marketwire - Aug 5, 2011) - DS-Concept Factoring, Inc., the North American Representative Office of DS-Concept Factoring GmbH is an international trade finance company engaged in import and export factoring and specializes in cash-flow solutions for SME's with revenues between $10M to $100M. The office at 650 Fifth Avenue in the heart of Plaza District will accommodate the current staff of DS-Concept Factoring, Inc. (http://www.ds-concept.net) and enable further expansion for the company's future growth.

With the new added space, new staff will be added to increase both sales and operational support to better serve the North American Clients. "As our business expands both domestically and globally, we needed to find the right facility in the right location for our continued growth. The Fifth Avenue address is world renowned and we were able to secure a long term lease at competitive rates which exemplifies the philosophy of DS-Concept: Best Value for the Price," said Chris Chang, CEO and Managing Director of DS-Concept Factoring, Inc. New York is the financial headquarter of North America and the new office location of DS-Concept Factoring, Inc. is situated in the best international business environment for the clients and employees of DS-Concept Factoring, Inc. "With this space, we will be able to recruit talented staff with diverse cultural and business backgrounds properly reflecting the DNA of our business," continued CEO Chris Chang.

DS-Concept Factoring GmbH was founded in 2000 by economist Dr. Dieter Spickermann and Attorney-at-law Ansgar Hütten. Servicing the cash flow of the exporters who do not want to be at the mercy of long payment terms or volatility of their currencies, DS-Concept purchases your receivables and immediately provides the monetary means, needed for the proper financial control and strategic asset allocation in an international business climate. Today with offices in 10 countries, DS-Concept (http://www.ds-concept.net) is continuing to expand and will soon open its China headquarter office in Shanghai, China.