Financial Group

Marine and Land Operations

With ExpoCredit's A/R financing, our client can continue to focus on executing its successful expansion strategy.

Deal Summary

Product
Factoring Line
Funding Line Amount
$800,000
Company Type
Marine and Land operations
Industry Type
Marine
Location
Mexico
Our client is a Mexican company. An organization dedicated to offering essential services through its business model of Total Ship Management (TSM) in the administration of specialized vessels (human resources, infrastructure, financing, maintenance, and administrative management) within the oil industry.

Challenge

Our client is a young company with nearly four years of operation, with good growth potential and aim to use our factoring facility to increase its volumes. To continue growing and remain competitive, our client needs working capital.

Solution

The financial situation of the company shows consistent growth. It’s been reported they have a good payment behavior as well as the debtors. ExpoCredit was able to approve its request for a factoring line. The company will get the funding it needs to continue to invest in maintaining its high standards.
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