05
Jun
Tradewind has announced the closing of a $1 million post shipment finance facility for an international trading company based in China that specializes in the import and export of auto parts.
Through its arrangement with Tradewind, the company received the liquidity it needed to support both open account terms requested by its overseas buyers and payment before delivery sought out by its suppliers. The company sells mostly to customers in Europe and the US and, with Tradewind’s assistance, was able...