Sunday, December 15, 2024

Tradewind: Offers Flexible Terms Amid COVID-19 Uncertainties

Tradewind: Offers Flexible Terms Amid COVID-19 Uncertainties

  • The trade finance company will extend the length of time for financing payment terms to 180 days
  • Tradewind said this will allow for companies to offer extended payment terms to buyers, which can lead to more transparent relationships
  • Tradewind is also looking to help companies that are now sitting on products they can’t sell due to the mass shutdowns and shelter-in-place advisories
  • The company says many businesses are facing a dilemma during the COVID-19 crisis
  • Tradewind Finance Chief Financial Officer and Senior Executive Officer Peter Maerevoet advocates acting in favor of strong
  • Tradewind’s trade finance services have also helped companies for over 20 years by accelerating cash flow to their businesses

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