Tradewind Finance Secures Export Factoring Facility for Furniture Manufacturer in Vietnam

Tradewind Finance, an international trade finance provider, has successfully closed a USD 970,000 export factoring facility for a furniture manufacturer in Vietnam. The facility, which was delivered with a quick turnaround time, has enabled the company to enhance its cash flow and support its growing export business in America and Asia.

With decades of experience in home design and furniture production, the manufacturer has built strong long-term relationships with global customers. However, when accepting more orders and developing its network of new customers, the self-financed company encountered cash flow challenges and financial pressure due to extended accounts receivable cycles, which became an obstacle to further growth.

To improve working capital efficiency, the manufacturer partnered with Tradewind, leveraging its on-the-ground support and 25 years of experience in cross-border trade finance. Through Tradewind’s customized export factoring solution, which includes a USD 970,000 credit facility and added credit protection, the company is able to overcome the financial bottleneck caused by unpaid invoices and reduce the credit risk in global trade.

“Unlike traditional financing, our non-collateral financing solution focuses on the creditworthiness of overseas buyers, offering flexibility and accessibility to exporters. We look forward to deepening our partnership and expanding the credit facility as their sales grow. Tradewind is committed to helping our clients achieve their financial goals and seize global market opportunities by unlocking cash flow tied up in their receivables,” said Dickson Au, Regional CEO – Far East, at Tradewind Hong Kong.

For more information about Tradewind’s financial solutions that enable businesses to grow, thrive, and conduct cross-border trade smoothly, please visit: https://www.tradewindfinance.com/

About Tradewind Finance

Founded in 2000, Tradewind Finance maintains a network of offices all over the world, including Bangladesh, Bulgaria, China, Hong Kong SAR, Hungary, India, Pakistan, 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.

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