NEWS / BLOG

Biodiesel Manufacturer

5-25-2016

Client:
A Spain-based manufacturer of biodiesel fuel. This innovative company takes recycled vegetable oil and converts it to clean-burning biodiesel which is used as an additive in refined products throughout Europe.

Situation:
The Company’s recent expansion of its plant capacity to meet growing customer demand resulted in cash flow constraints.

TFS Solution:
€4.0 million in supplier credit and factoring facilities enhanced the Company’s cash flow by providing extended payment terms to vendors and access to working capital to support its growth strategy.