Garment Trader in Bangladesh Secures USD 6 Million in Funding from Tradewind Finance

Tradewind Finance has closed a USD 6 million credit facility for a Bangladeshi ready-made garments trading company that sells to well-known retailers in the UK, Europe, and the USA. The funding has enabled the Dhaka-based company to cater to the asks of stores and suppliers alike while outfitting it with the liquidity needed for robust growth.

When the apparel purveyor began to experience an increase in business, it knew additional capital was imperative to keep up with orders. Furthermore, it was caught in a cash flow cycle in which retailers deferred payment, while it was still tasked with paying its multiple suppliers upfront, leaving it drained of cash.

To settle the mismatch in doling out payment and receiving it, the company turned to Tradewind Finance for support in accelerating its cash flow. With Tradewind as its lending partner, the trader was able to release the capital from its invoices quickly, replenishing it with liquidity to pay its vendors on-time, keep open account payment terms with buyers, and sustain growth.

“We are delighted that our financing solution proved to be the right fit for our client, so they could fulfill a high volume of orders without added cash flow pressures. Additionally, the success of our partnership is a prime example of how Tradewind’s financial services can help improve relations across the entire supply chain,” Soheil Zali, Regional Commercial Director and Board of Director at Tradewind Middle East Limited, said.

Because of Tradewind’s scalable facilities where funding can be increased in line with a rise in sales, the client has upheld a trajectory of remarkable growth.

About Tradewind Finance

Founded in 2000, Tradewind Finance maintains a network of offices all over the world, including Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, Hungary, India, Pakistan, Peru, Turkey, UAE, and the USA as well as the headquarters in Germany. Combining financing, credit protection, and collections into a single suite of trade finance products, Tradewind brings streamlined, flexible, and best-in-class services to the world’s exporters and importers.

Latest Articles

Here’s what we’ve been up to recently.

无追索权保理和有追索权保理的区别?外贸出口企业如何选择?

无追索权保理和有追索权保理是两种不同的保理融资方式,主要区别在于应收账款买方(债务人)不支付时,保理公司是否有权向企业(卖方)追讨未支付的款项。这两种保理方式在国际贸易中尤为重要,尤其是对于外贸企业来说,选择合适的保理方式可以有效管理资金流和风险。 1、风险承担方: 无追索权保理:保理公司承担买方(债务人)的信用风险。如果买方因破产或无力支付等原因未能偿还款项,保理公司无法向企业追偿损失。这意味着保理公司全权承担买方的信用风险。对于从事出口业务的企业来说,这种保理方式可以大大降低因买方违约而带来的风险。 有追索权保理:企业(卖方)承担最终风险。如果买方未能付款,保理公司有权要求企业偿还已融资的金额。也就是说,企业仍需承担买方不付款的风险。这种保理方式在国际贸易中较为常见,尤其适用于买方资信状况一般的情况。 2、融资成本: 无追索权保理:由于保理公司承担更大的风险,融资成本通常略高于有追索权保理。保理公司会根据买方信用状况设定相应的保理费或利率。 有追索权保理:融资成本相对较低,因为企业依然承担了买方不付款的风险,保理公司风险较小。 3、融资的预付款比例: 无追索权保理:因保理公司承担较大风险,预付款比率通常较低。 有追索权保理:考虑到保理公司承担的风险较小,一般而言,预付款比例更具灵活性。 4、适用对象: 无追索权保理:通常适用于资信较高的买方,因为保理公司需要承担较大的信用风险。对买方资信要求严格。