Tradewind Finance Delivers $5MM Export Factoring Facility for Meat Trading Company

Tradewind Finance completed a $5 million export factoring facility for a meat trading company that is based in the U.S. and has a subsidiary in Brazil. The company exports to the Middle East, South Africa and Asia, and is using the funding to support growth.

The company needed additional credit lines to expand its business but encountered difficulty securing them. A shareholder of the company who was a former client of Tradewind Finance while at another outfit recommended that the company consider Tradewind Finance for financing.

As the company’s new financial partner, Tradewind Finance provided funding to the meat trader a few days prior to shipment, boosting its cash flow and positioning the company for growth. The company also received credit protection from Tradewind Finance, which reduced trade risk.

Tradewind Finance’s office in Brazil provided on-the-ground support for the company, with a local team that helped it navigate currencies and country regulations.

“We are pleased to deliver a bespoke facility that will help enable our client expand sales to existing and new customers,” Paulo Silva, country manager of Tradewind Brazil, said. “Tradewind Finance’s flexibility and ability to provide funding quickly made our financing solution the right fit for the company.”