Tradewind Finance announced $15 million in funding for one of the leading fuel distributing companies in the Caribbean. The distributor provides aviation fuel to some of the world’s largest airlines and fuel service companies including American Airlines, United Airlines, and World Fuel Operations.

“Aviation fuel supply is a very cash-intensive business, with fuel inventory consistently turning and being replenished. Suppliers must have adequate cash and inventory readily available at all times in order to keep up with buyer fuel demand. This is where Tradewind’s export factoring facility fits in perfectly with its ability to speed up cash flow and support high order volumes,” commented Brian Dowd, Senior Vice President at Tradewind’s New York office who originated the deal.

As tourism grows in the region and ramps up demand for aviation fuel, Tradewind’s export factoring package will unlock additional liquidity for the client, which it is leveraging to sustain this growth while driving profitability.

The new client relationship signifies Tradewind’s entry into the aviation fuel sector and the expansion of its portfolio in the Caribbean. These milestones continue to demonstrate the firm’s agility in working with new geographies and industries and also reinforce its commitment to supporting businesses around the world with flexible, reliable capital.

“Our client was seeking a non-bank lender to build a long-term working capital relationship with and scale with. Tradewind was extremely quick to show interest and was prompt to visit the client to meet their management team and see their operations. This helped build confidence and trust for both parties and ultimately allowed for a fast and smooth closing process. We’re very excited to broaden our reach into the Caribbean and are pleased to work with such a powerhouse client in the aviation fuel market,” Dowd continues.

Last year, Tradewind began financing the bunkering industry, which involves the supply of marine fuel for ships.