Tradewind Funds Ready-made Garment Manufacturer and Exporter based in India

Tradewind has closed a £1.5 million trade finance facility for a manufacturer and exporter of ready-made garments based in India. The company sells mainly to the reputable buyer Primark in the US, Ireland, UK and Spain. With Tradewind’s funding in place, the garment company is able to fill its working capital requirement and pursue potential growth opportunities.

The client had worked with Tradewind previously and was pleased with its services in the past. When it required additional liquidity to fill its rapidly increasing orders and to support a higher volume of sales on open account terms, the client turned to Tradewind again for its tailored and flexible cash flow solutions, coupled with its international capabilities and years of experience in the textile and apparel industry in India. This time around, the funding process was even easier for the client because of Tradewind’s extensive dealings with Primark in its work with other clients. Tradewind structured the facility in EUR and GBP.

“Tradewind values clients like this who are based out of India and are contributing to the robust garment industry there. Our organization has two offices in the country, a testament to our dedication to service the various needs of Indian exporters with geo-specific expertise and resources,” states Ankit Goel, Managing Director for Tradewind UAE and India.

Tradewind (formerly DS-Concept) maintains a network of offices and affiliates all over the world, including Bangladesh, Bulgaria, China, Hong Kong, Hungary, Iceland, India, Pakistan, Peru, Turkey, UAE, and 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.

应收账款融资和票据融资的区别?

应收账款融资和票据融资都是企业常用的融资方式,但它们在融资标的、操作流程和适用场景上存在一些显著区别: 1、融资标的不同 应收账款融资:以企业的应收账款为融资基础,企业将尚未收回的货款(即应收账款)转让或质押给银行或金融机构,从而获得融资。应收账款融资是基于买卖合同中未来应收的款项。 票据融资:主要以企业持有的商业票据(如商业承兑汇票或银行承兑汇票)为融资标的。企业将票据转让或贴现给银行以获取资金。票据融资是基于现有票据的信用。 2、融资方式不同: 应收账款融资:包括保理、应收账款质押贷款等形式。企业可以转让应收账款给保理公司(有追索权或无追索权),或者以应收账款作抵押向银行申请贷款。 票据融资:主要方式是票据贴现和票据质押。票据贴现是企业将未到期的票据转让给银行,并获得票据面值减去贴现利息后的资金;票据质押则是企业以票据作为抵押,向银行申请贷款。 3、适用条件不同: 应收账款融资:适用于持有大量应收账款、且客户信誉较高的企业,尤其在赊销、分期付款的情况下,可通过应收账款融资获得流动资金。 票据融资:适用于持有票据的企业,尤其是持有银行承兑汇票等信用较高的票据,能迅速通过贴现或质押获取短期资金。 4、融资风险和成本: 应收账款融资:融资风险较高,因为应收账款存在坏账的可能性,银行会对买方资信情况进行严格评估。融资成本取决于应收账款的质量及买方的信用状况。