Tradewind Finance Supplies $5MM Post-Shipment Facility to Manufacturer in India

Tradewind Finance provided a $5 million credit facility to a manufacturer of flavorings, essential oils and fragrances based in India. The company exports to the United States and Europe and is using the facility to grow its business and expand into new markets.

The India-based manufacturer uses sustainable techniques to produce its line of flavorings and operates a lab dedicated to research and development. In order to capitalize on its R&D capabilities and build the business, the manufacturer required access to additional working capital.

Since the company was asset-light, local banks were reluctant to grant it post-shipment financing, prompting the need for a more flexible lender. The company was referred to Tradewind Finance, which was able to design the right financing solution.

As the company’s financial partner, Tradewind provided flexibility and leveraged its experience working with other asset-light businesses to create a funding package that accelerated cash flow and enabled growth.

“We are happy to assist our new client with the liquidity needed to achieve their goals,” Ankit Goel, managing director of Tradewind India, said. “Our facility will allow the client to focus on their core business and conduct transactions on open account terms without worrying about their working capital and risk.”