DS-Concept Provides $2 Million Export Factoring Facility to Pakistani Apparel Manufacturer
DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a $2 million export accounts receivable facility to an apparel manufacturer in Pakistan. The client, exporting to Europe and North America, is implementing this facility to support the increased demand for open account payment terms from their overseas buyers. With the export factoring facility in place, the client anticipates an annual factored volume of $15MM-$20MM.
“We are extremely pleased to announce another client with such a tremendous opportunity for growth,” states Mr. Qaseem Jaffri, Managing Director of DS-Concept Factoring Pakistan. “With our non-recourse factoring product, the client can truly focus on international expansion and product development; without working capital concerns.”
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.
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