NEWS / BLOG

MANUFACTURER AND WHOLESALER OF AGRIBUSINESS AND FOOD PRODUCTS

1-20-2016

Client/Industry:
A Dominican Republic farmer’s association which is a processor, manufacturer and wholesaler of agribusiness and food products.

Situation:
Customer needed increased cash flow to support the purchase of soy, corn, oil, and wheat products; and support the Customer’s global business of importing the grains from their suppliers located in the U.S. to their respective ports in the Dominican Republic.

TFS Solution:
A $4,000,000 supplier credit facility enabled the Company to optimize business efficiencies and improved working capital by providing longer repayment terms of payment on goods purchased and financing the Customer’s receivables ahead of payment terms with their account debtors.

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