{"id":18641,"date":"2022-10-05T15:56:00","date_gmt":"2022-10-05T19:56:00","guid":{"rendered":"https:\/\/www.beta.tradewindfinance.com\/?p=18641"},"modified":"2023-02-06T09:55:17","modified_gmt":"2023-02-06T14:55:17","slug":"tradewind-provides-usd-4-million-export-factoring-facility-for-frozen-seafood-trader-in-china","status":"publish","type":"post","link":"https:\/\/dev.tradewindfinance.com\/hu\/blog\/2022\/10\/05\/tradewind-provides-usd-4-million-export-factoring-facility-for-frozen-seafood-trader-in-china\/","title":{"rendered":"Tradewind Provides USD 4 Million Export Factoring Facility for Frozen Seafood Trader in China"},"content":{"rendered":"

Tradewind Finance has closed a USD 4 million export factoring<\/a> facility for a frozen seafood trader based in Shandong, China. The facility will be used to support its exports to Brazil.<\/p>\n

With over 10 years of experience in seafood processing, the company exports a diverse range of processed seafood products to meet its overseas customers\u2019 needs. The trader\u2019s annual exports exceed USD 10 million. Although the trader maintained a relatively stable financial situation in an increasingly complex global trade environment, it suffered from a cash flow shortage, partly due to the longer payment terms requested by new buyers.<\/p>\n

The trader tried to seek financing help from banks, but its asset-light nature proved to be a roadblock in securing funding. With financial constraints, the company had to turn down orders. The lack of working capital hindered its growth, especially in peak seasons.<\/p>\n

Introduced by friends who work for foreign trade enterprises, the client turned to Tradewind for its timely and flexible financing services. In using the USD 4 million export factoring facility from Tradewind, the trader was able to close the working capital gap and support open account terms of 60 to 120 days for its buyers.<\/p>\n

“The client was attracted to Tradewind\u2019s strong reputation of reliable tailor-made financing solutions and their solid 22-year record in trade finance. Through working with Tradewind, the client was able to maintain good relationships with suppliers and develop more qualified buyers, which enabled the company to sharpen its competitive edge and achieve market expansion successfully,” said Dickson Au, Regional Commercial Leader \u2013 Far East, at Tradewind Hong Kong.<\/p>\n

About Tradewind Finance<\/p>\n

Founded in 2000, Tradewind Finance<\/a> 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\u2019s exporters and importers.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Tradewind Finance has closed a USD 4 million export factoring facility for a frozen seafood trader based in Shandong, China. The facility will be used to support its exports to Brazil. With over 10 years of experience in seafood processing, the company exports a diverse range of processed seafood products to meet its overseas customers\u2019 […]<\/p>\n","protected":false},"author":3,"featured_media":19020,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[95,96],"tags":[137],"class_list":["post-18641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deal-announcements","category-press-releases","tag-seafood"],"yoast_head":"\nTradewind Provides USD 4 Million Export Factoring Facility for Frozen Seafood Trader in China - Tradewind Finance<\/title>\n<meta name=\"description\" content=\"A frozen seafood exporter in China receives funding from Tradewind Finance.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"hu_HU\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tradewind Provides USD 4 Million Export Factoring Facility for Frozen Seafood Trader in China - 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