DS-Concept Provides $5 Million Factoring Facility to Beef Exporter in Brazil
DS-Concept, a global commercial finance company specializing in international non-recourse factoring, has provided a $5 million export finance facility to a slaughterhouse in Brazil. The client, who anticipates over $50 million in export sales for 2016, supplies chilled and frozen beef to the Middle East, Asia and Europe. With the export facility in place, the client is able to operate without requesting payment in advance. The financing thus allows the importer to only pay for the goods once they have arrived at the port, without hurting the exporter's cash flow during the in-transit period.
DS-Concept Adds Los Angeles to Growing Global Network
Manufacturing's pivot East in recent decades has opened up new opportunities for DS-Concept across the globe, but more recently we have registered demand to open up an office in Los Angeles to allow domestic clients to expand overseas and for foreign businesses to operate with ease in the US. The manufacturing industry's rapid growth in California has been one of the main drivers of the state's growth, with $149.79bn in manufactured goods exported in 2014, more than 11% of the state's total output. A large portion, more than $63bn was with the US free-trade agreement (FTA) partners.
DS-Concept Pakistan Announces New Branch Office in Sialkot
DS-Concept Pakistan proudly announces the inauguration of their new branch office in Sialkot, Pakistan. Located in the Sialkot Chamber of Commerce and Industry building, the office will serve the growing number of exporters in the region benefiting from DS-Concept's non-recourse export factoring services. Held in the auditorium of Sialkot Chamber of Commerce and Industry, the inaugural ceremony was attended by many existing customers, colleagues, industry partners and region officials.
Partnering with DS-Conceptprovides the liquidity needed to sustain growth and stay competitive in the global marketplace. Leveraging our network of 13 offices and affiliates across Europe, Asia, and North America, we work with branded companies, wholesalers and manufacturers to improve their cash-flow and minimize trade credit risk. As we are able to transact in most global markets, our services can evolve with your business.