Boosting cash flow for apparel and textile companies is central to Tradewind’s services, with almost half of the firm’s customers operating in this sector. Today, the firm continues its dedication to the industry through its completion of EUR 300,000 in funding for a clothing manufacturer and exporter based in Europe that supplies to Europe’s major fashion brands.

Long payment terms with buyers, growing wages and energy expenses were collectively putting a strain on the company’s cash flow. To alleviate this strain, Tradewind has converted the company’s outstanding receivables into instant liquidity through a custom factoring facility. The facility will allow the clothing manufacturer to purchase the needed raw materials for production and help them manage wages for their employees.

“We are excited to work with this new promising client. With over 20 years of financing apparel and textile businesses, Tradewind has the know-how and tools to successfully support the client’s specific cash flow needs,” a representative from Tradewind’s regional office said.

Using its deep understanding of the apparel and textile industry, Tradewind provides each of its clients with a personalized solution based on product, payment term, and location. The firm’s creative solutions expedite cash flow and enable its customers to increase turnover and achieve 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.