SOURCE: DS-Concept Factoring GmbH

DS-Concept Factoring GmbH

October 08, 2015 09:00 ET

DS-Concept Provides $1 Million Export Factoring Facility to German Components Manufacturer

MOENCHENGLADBACH, GERMANY--(Marketwired - Oct 8, 2015) -  DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a $1 million export accounts receivable facility to a components manufacturer in Germany. The client, a manufacturer of machinery components for power plants and energy suppliers, anticipates an annual factored volume of $10MM-$12MM. With this new export factoring facility in place, the client will continue to focus on their growing exports within the European Union.

The DS-Concept Group maintains a network of offices and affiliates all over the world, including USA, Bulgaria, Hungary, Turkey, Pakistan, Bangladesh, Spain, UK, China and the United Arab Emirates as well as the headquarters in Germany. Combining credit protection, collections, and financing into a single suite of trade finance products, DS-Concept brings streamlined, flexible and best-in-class services to the world's exporters.

DS-Concept is an international trade financing expert, which has set itself the objective of ensuring liquidity to exporters. To meet that goal, DS-Concept assumes currency fluctuations and provides an optimized cash flow solution to its customers. With offices and affiliates in eleven countries, the DS-Concept Group (www.ds-concept.net) maintains the network necessary to provide its services to its customers around the globe.

Keywords: ds-concept, ds-concept factoring, factoring, international trade financing, import, export Trade Finance, International, Trade, Factoring, Finance, Import, Export, SME, Entrepreneur, International Business, Supply Chain, International Factoring, Letter of Credit, Invoice Discounting, Global Trade"

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