DS-Concept Factoring Funds New Import and Export Transactions

DS-Concept Factoring Funds New Import and Export Transactions

ID: 97505

The Expansion of DS-Concept Factoring Continues. Two New Clients in December Let DS-Concept Factoring Close Out a Satisfying Year 2011.


(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 12/15/11 -- DS-Concept Factoring, specialists in international trade finance, announces two key transactions reflecting flexibility in financing import and export transactions. The industries represented in these transactions are with companies that import women's fashion in apparel & accessories and export baby strollers & sporting goods. The importer is supplying major retailers in North America and the exporter has merchandise destined for warehouse retailers in Europe and the US. DS-Concept Factoring () will be funding $20 million in transactions.

Chris Chang, CEO of DS-Concept Factoring Inc. in New York said, "These transactions help DS-Concept Factoring close out 2011 with a nice run and provide momentum carrying us into 2012. We continue to get quality deals in our pipeline which will keep our due diligence department busy well into the second quarter." He went on to say, "These deals continue to exemplify how DS-Concept's diversified trade finance products are helping importers and exporters with their cash-flow needs."

DS-Concept Factoring () is an international trade financer that services the cash flow of exporters who do not want to be at the mercy of long payment terms or volatility of their currencies. DS-Concept purchases receivables and immediately provides the monetary means, needed for the proper financial control and strategic asset allocation in an international business climate. Headquartered in Moenchengladbach, Germany the company maintains a worldwide network with offices in 10 countries on four continents and continues to expand its services and portfolio.

DS-Concept Factoring GmbH
Flughafenstr. 83
41066 Moenchengladbach
Germany



Contact:
Johan Geduhn
Phone: +49 2161 69 77 90
Fax: +49 2161 69 77 979




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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 15.12.2011 - 14:21 Uhr
Sprache: Deutsch
News-ID 97505
Anzahl Zeichen: 0

contact information:
Town:

NEW YORK, NY



Kategorie:

Commercial & Investment Banking



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