DS-Concept has its fingers on the market's pulse and continues to grow into new territories while our clients grow their businesses globally as well

News See All

DS-Concept Closes Post Shipment Finance Facility for Prominent Fabric Manufacturer based in Turkey

DS-Concept has established a new financing relationship with a prominent Turkish producer of silk and other high-quality fabrics that sells to such esteemed brands as Armani, Chanel, and Hugo Boss. The company exports to Europe and Israel and is using DS-Concept’s €350,000 credit facility to support cash transactions with its suppliers. Additionally, with the facility in place, the fabric manufacturer expects to grow its production capacity, increase sales, expand its market share and invest the generated capital in R&D and design.

Since global rating companies have lowered Turkey’s grade, the client’s suppliers have required that it transact in cash for its materials as protocol to guarantee payment. As a result, the company faced a gap in liquidity between when it paid its vendors and collected money from its buyers. The added liquidity from DS-Concept will not only allow the client to buy its raw materials in cash and strengthen its position in the marketplace, but it will also enable the company to get a discount and earn profit on the purchase itself.

DS-Concept collaborated with its partner, credit insurer Euler Hermes, on the financing arrangement. Euler Hermes recommended DS-Concept to the client, who chose them because of their off-balance sheet funding as well as their international capabilities.

“DS-Concept’s collaboration with Euler Hermes has provided a comprehensive package for the client that will allow it to get the financing and insurance it needs to accomplish its goal of investing more in design,” says Arzu Celik, Vice President of Business Development for the DS-Concept Turkey office.

The DS-Concept group provides innovative international cash flow solutions tailored for global clients. Focused on the mid-market, its core products are non-recourse factoring and supply chain finance. The group has built an unrivaled reputation for the depth of its international finance expertise by maintaining a network of offices and affiliates around the world including the USA, China, India, Hong Kong, UAE, Turkey, Bangladesh, Pakistan, Iceland, Bulgaria, Hungary, Peru and its headquarters in Germany. Combining financing, credit protection, and collections into a single trade finance facility, DS-Concept offers streamlined, flexible and best-in-class services.

We’d love to hear from you

Contact us to learn more about our customized cash-flow solutions and how we may help you grow your business.

Contact Us Learn more about our customized cash-flow solutions and how we may help you grow your business.

Interested in learning how we can work with your company? Please fill out the form below and a member of our business development team will reach out to you shortly.