Tradewind Finance, an international trade finance company now in its 25th year, has provided funding to support two bulk packaging manufacturers in India.
The manufacturers are part of the FIBC, or Flexible Intermediate Bulk Container industry, which is focused on packaging solutions, or bulk bags, for the handling of goods on a large-scale. These manufacturers make durable packaging for a variety of applications, like the shipment of agricultural exports as well as liners for container ships. One of the manufacturers that secured funding is also a leading producer of high-performance automotive filters. Combined, the companies supply their packaging solutions to packaging retailers and other packaging makers in the US, Australia and New Zealand.
“The partnership with Tradewind is a game-changer for our clients. The financial support enables them to manage cash flow effectively, scale their operations, and cater to the growing demand from international clients. We’re confident this collaboration will help them achieve new milestones in the global FIBC industry,” Akash Kanungo, Vice President – Business Development in Tradewind’s India office, said.
With increasing orders from their international customers and rising raw material prices, the injection of liquidity from Tradewind is helping the packaging manufacturers bridge cash flow between production and payment receipts, setting them up for operational success.
The announcement today highlights Tradewind’s continued support for the FIBC industry in India, where it was invited to join the Indian FIBC Association’s annual general meeting in 2024.
For more on Tradewind’s trade finance solutions that accelerate cash flow and mitigate trade risk, visit www.tradewindfinance.com.
About Tradewind Finance
Founded in 2000, Tradewind Finance maintains a network of offices all over the world, including Bangladesh, Brazil, Bulgaria, China, Hong Kong SAR, Hungary, India, Pakistan, Turkey, UAE, and the USA as well as the headquarters in Germany. 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’s exporters and importers.