Factoring company announces US$3m finance facility for a Turkish exporter


DS-Concept has provided a € 3 million facility to a recently opened ready-made garment manufacturer in Turkey. The company exports to Spain and the Netherlands and sells to well-known brands such as ITX and Mango. With DS-Concept’s facility in place, the fledgling manufacturer is able to allocate working capital to its higher business goals, such as entering the US market and investing in new technologies.

The client sought out DS-Concept to remedy the low liquidity it faced after purchasing its raw materials in cash and since there is a lag of 90 to 111 days until the company collects money. 



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