04
Jan
By Catherine Alvino | Marketing Coordinator | DS-Concept Factoring, Inc.
DS-Concept closed a 250 million HUF credit facility for a Hungarian trading company that sells household appliances and kitchenware domestically to big multinational corporations. Under the arrangement, the company plans to use the provided liquidity to accommodate the 60-90-day payment terms of its buyers and reach its ten-figure annual turnover goal.
The client sought out DS-Concept when a former business connection pointed them in their direction. As a new trading...