SOURCE: DS-Concept Factoring GmbH

DS-Concept Factoring GmbH

November 09, 2011 09:46 ET

DS-Concept Factoring: New Strategic Alliance and Expansion to New Industries

DS-Concept Factoring Has Entered Into an Exclusive Agreement With SJ Logistics, Korea; Beside That, DS-Concept Factoring Expands Its Trade Financing Into the Automotive and Meat & Poultry Industries

NEW YORK, NY--(Marketwire - Nov 9, 2011) - DS-Concept Factoring, specialist for international trade financing, this month announces two important news. DS-Concept Factoring has formed a new strategic alliance with the Korean based logistics firm SJ Logistics. Furthermore, DS-Concept Factoring ( has expanded its trade financing into the automotive and meat & poultry industries.

DS-Concept Factoring has entered into an exclusive Sales Agency Agreement (Agreement) with SJ Logistics Group, a Korean based international logistics firm with that operates throughout Asia & North America. The Agreement provides that DS-Concept Factoring will be SJ Logistic's exclusive trade finance partner. SJ Logistics will be able to offer international trade finance solutions to their clients. Chris Chang, CEO of DS-Concept Factoring Inc. in New York said "This strategic partnership allows clients of SJ Logistics in emerging markets to extend their cash-flow and thus increase their business volume. A marriage between logistics and trade finance is the ultimate win-win situation for both importers and exporters. " He continued "We look forward to working closely with SJ Logistics to better serve new emerging markets in Asia." SJ Logistics was established in Beijing, China in 1992. In 1996, they registered with UN ESCAP (United Nations Economic and Social Commission in Asia and the Pacific.)

The other great news is that DS-Concept Factoring announced it is now funding transactions in the automotive and meat & poultry industries. DS-Concept is providing export-financing facilities for two companies of these business-areas. The automotive client, a US based firm, is exporting products to Asian key markets. The poultry client, one of Brazil's largest meat & poultry distributors, is a global exporter with customers in Europe, the Middle East, Asia, and Australia. Chris Chang said, "These international transactions exemplify DS-Concept's unique offerings of intelligent trade finance on a global basis. Our credit facilities will allow these companies to generate combined turnover in excess of US$200 million. When banks say no, DS-Concept looks for ways to say yes."

These two remarkable news of DS-Concept Factoring ( show that the company is still looking to expand and improve their services and portfolio. DS-Concept Factoring contains of a worldwide network and has much experience in factoring and trade financing. DS-Concept Factoring was founded in 2000 and is an expert for servicing the cash-flow of exporters with offices in ten countries on four continents.

Contact Information

  • Press contact
    DS-Concept Factoring GmbH
    Flughafenstr. 83
    41066 Moenchengladbach
    Contact: Johann Geduhn
    Telefon: +49-(0)2161 - 69 77 9-0
    Telefax: +49-(0)2161 - 69 77 9-79