SOURCE: DS-Concept Factoring GmbH

DS-Concept Factoring GmbH

February 02, 2015 09:00 ET

DS-Concept Provides $10 Million Factoring Facility to Multinational Seafood Exporter in China

MOENCHENGLADBACH, GERMANY--(Marketwired - Feb 2, 2015) - DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a $10 million export accounts receivable facility to a multinational seafood exporter headquartered in Guangdong, China. The client, whose export volume exceeded $70 million in 2014, is experiencing a rapid increase in their exports to North America and Europe. With the help of DS-Concept's export factoring facility, the client can now avoid the capital constraints from the traditional banks and fully meet the demand of their international expansion.

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 small and mid-sized 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.

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