DS-Concept Factoring, Inc. announced it has provided a $3 million export accounts receivable facility to an apparel exporter in China as well as their US subsidiary. The client, who provides products to retailers and wholesalers in the United States, is growing significantly.
In a related announcement, DS-Concept has provided a $1 million export accounts receivable facility to a home textiles manufacturer in India. The client, a family-owned company, is facing cash constraints as they rapidly expand into the US and European markets.
DS-Concept Factoring, Inc. is a global commercial finance company specializing in international non-recourse factoring.