(New York, New York) – Tradewind Finance, a global trade finance provider whose solutions enable businesses to optimize their cash flow and accelerate growth, has today 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\u2019s largest airlines \u00a0and fuel service companies including American Airlines, United Airlines, and World Fuel Operations.<\/p>\n
\u201cAviation 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\u2019s export factoring facility fits in perfectly with its ability to speed up cash flow and support high order volumes,\u201d commented Brian Dowd, Senior Vice President at Tradewind\u2019s New York office who originated the deal.<\/p>\n
As tourism grows in the region and ramps up demand for aviation fuel, Tradewind\u2019s export factoring package will unlock additional liquidity for the client, which it is leveraging to sustain this growth while driving profitability.<\/p>\n
The new client relationship signifies Tradewind\u2019s entry into the aviation fuel sector and the expansion of its portfolio in the Caribbean. These milestones continue to demonstrate the firm\u2019s agility in working with new geographies and industries and also reinforce its commitment to supporting businesses around the world with flexible, reliable capital.<\/p>\n
\u201cOur 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\u2019re very excited to broaden our reach into the Caribbean and are pleased to work with such a powerhouse client in the aviation fuel market,\u201d Dowd continues.<\/p>\n
Last year, Tradewind began financing the bunkering industry, which involves the supply of marine fuel for ships.<\/p>\n
About Tradewind Finance<\/p>\n
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, 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","protected":false},"excerpt":{"rendered":"
(New York, New York) – Tradewind Finance, a global trade finance provider whose solutions enable businesses to optimize their cash flow and accelerate growth, has today 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\u2019s largest airlines \u00a0and […]<\/p>\n","protected":false},"author":5,"featured_media":37799,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,95,445,96],"tags":[],"class_list":["post-37797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-news","category-deal-announcements","category-feature-news","category-press-releases"],"yoast_head":"\n