{"id":3039,"date":"2021-11-24T07:41:00","date_gmt":"2021-11-24T07:41:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3586860_AE86860_0"},"modified":"2021-11-24T07:41:00","modified_gmt":"2021-11-24T07:41:00","slug":"hong-kong-based-steel-trader-secures-usd-20-million-export-factoring-facility-from-tradewind-finance","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=3039","title":{"rendered":"Hong Kong-based steel trader secures USD 20 Million Export Factoring Facility from Tradewind Finance"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/en.prnasia.com\/prnasia.com-PC\/images\/logo-en-blue-in.png\" class=\"ff-og-image-inserted\"><\/div>\n<p><span class=\"xn-location\">HONG KONG<\/span>, <span class=\"xn-chron\">Nov. 24, 2021<\/span> \/PRNewswire\/ &#8212; Tradewind Finance is pleased to announce it has closed a <span class=\"xn-money\">USD 20 million<\/span> <a target=\"_blank\" href=\"https:\/\/tradewindfinance.com.cn\/en\/services\/\" rel=\"nofollow noopener\">export factoring<\/a> facility for a steel trading company based in <span class=\"xn-location\">Hong Kong<\/span>. The facility, in addition to the steel trader&#8217;s significant existing borrowing facilities, will be used to support the company&#8217;s growing international trade requirements, primarily to the US and <span class=\"xn-location\">Europe<\/span> and upcoming trade deals based in <span class=\"xn-location\">South America<\/span> and <span class=\"xn-location\">Southeast Asia<\/span>.<\/p>\n<p>The <span class=\"xn-location\">Hong Kong<\/span>-based company, established 15 years ago, maintains local trading offices in major cities across the world and provides a variety of high-quality steel products and solutions for application across various industries. The company considered availing non-collateralized, trade-based facilities with Tradewind when it was suddenly faced with buyer payment extension requests and a surge in orders from both new and existing relationships.<\/p>\n<p><span class=\"xn-person\">Jason Wang<\/span>, Vice President of Sales for Tradewind China, said: &#8220;We are delighted to support our client in their ambitions towards the development of a significant buyer portfolio across their target markets. Tradewind&#8217;s scalable financing solutions will allow the company to pursue large, international orders with confidence due to our sizable network and industry expertise.&#8221;<\/p>\n<p>About Tradewind Finance<\/p>\n<p>Founded in 2000, <a target=\"_blank\" href=\"https:\/\/tradewindfinance.com.cn\/en\/\" rel=\"nofollow noopener\">Tradewind Finance<\/a> maintains a network of offices all over the world, including <span class=\"xn-location\">Bangladesh<\/span>, <span class=\"xn-location\">Brazil<\/span>, <span class=\"xn-location\">Bulgaria<\/span>, <span class=\"xn-location\">China<\/span>, Hong Kong SAR, <span class=\"xn-location\">Hungary<\/span>, <span class=\"xn-location\">Iceland<\/span>, <span class=\"xn-location\">India<\/span>, <span class=\"xn-location\">Pakistan<\/span>, <span class=\"xn-location\">Peru<\/span>, <span class=\"xn-location\">Turkey<\/span>, UAE, and the <span class=\"xn-location\">USA<\/span> as well as the headquarters in <span class=\"xn-location\">Germany<\/span>. Combining financing, credit protection, and collections into a single suite of trade finance products, Tradewind brings streamlined, flexible, and best-in-class services to the world&#8217;s exporters and importers.<\/p>\n<p>Tradewind Finance <br \/><a target=\"_blank\" href=\"http:\/\/www.tradewindfinance.com\/\" rel=\"nofollow noopener\">www.tradewindfinance.com<\/a> &nbsp;<br \/><a target=\"_blank\" href=\"mailto:hk@tradewindfinance.com\" rel=\"nofollow noopener\">hk@tradewindfinance.com<\/a> &nbsp;<br \/>+852 23759068<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG, Nov. 24, 2021 \/PRNewswire\/ &#8212; Tradewind Finance is pleased to announce it has closed a USD 20 million export factoring facility for a steel trading company based in Hong Kong. The facility, in addition to the steel trader&#8217;s significant existing borrowing facilities, will be used to support the company&#8217;s growing international trade requirements, [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":3040,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-3039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hong Kong-based steel trader secures USD 20 Million Export Factoring Facility from Tradewind Finance - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=3039\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hong Kong-based steel trader secures USD 20 Million Export Factoring Facility from Tradewind Finance - My Blog\" \/>\n<meta property=\"og:description\" content=\"HONG KONG, Nov. 24, 2021 \/PRNewswire\/ &#8212; Tradewind Finance is pleased to announce it has closed a USD 20 million export factoring facility for a steel trading company based in Hong Kong. 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