Tradewind Finance Providing Credit Facility to Indian Shrimp Exporter
Tradewind Finance completed a $900,000 credit facility for an Indian seafood exporter specializing in frozen shrimp.
Tradewind said the facility will provide working capital for the exporter to support its growth and increased demand for its value-added shrimp, which can come in peeled, deveined, and cooked varieties. The shrimp is primarily intended for the U.S.
In the arrangement, the seafood company is securing pre-shipment financing from its bank and post-shipment financing from Tradewind, per a press release...
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