DS-Concept, a global provider of trade finance solutions for small and medium-sized enterprises, has changed its name to Tradewind. The company is a leader in international export factoring, and the change of name is designed to highlight its role in financing cross-border transactions, which resemble trade winds circling the globe.
Along with its growing presence in markets around the world, the privately owned Tradewind is expanding its services. In addition to non-recourse export factoring, it will offer inventory, ABL and structured trade facilities and will place more focus on its supply chain finance programmes.
The move comes at a time when supply chain financing is emerging as a turnkey solution in the way business transactions are conducted. In an age of advanced digital infrastructures, such as blockchain, that make the payment process more secure and automated, Tradewind’s integration of the latest technologies will keep it at the forefront of international trade finance.
Along with the new offerings, Tradewind remains dedicated to tailoring flexible deal structures for its clients, combining non-recourse export factoring with full supply chain finance and other solutions as seen fit. Customers will benefit from Tradewind’s ability to accommodate a range of deal sizes at more competitive prices, and the company, more than ever, is positioned to cater to larger-scale financing needs.
In 2017, Tradewind opened offices in Iceland, India and Peru, evidence of its global reach and ability to outfit SMEs with the resources they need to thrive in influential markets.
It is mobilising to enter additional territories rich in potential, such as other Latin American countries, and will continue to service its clients with the same international expertise and on-the-ground support in place in its existing territories.
According to the company, Tradewind has a legacy of providing easier access to funding than banks as well as scalable and off-balance sheet financing and will sustain this functionality under the new name while aiming to enhance client satisfaction. Its full-service suite of products, including credit protection, collection services, and financing structured in all major currencies, gives SMEs the tools they need to compete in the global marketplace.
