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Trade Finance Solutions Provides $10MM to Auto Logistics Firm

August 03, 2017, 07:00 AM
Filed Under: Automotive

Trade Finance Solutions (TFS) announced that it will fund a U.S.-based company that provides financing and logistical support to businesses in the luxury automobile industry in North America, Europe, Mexico and China.

The high-growth business financed by TFS has hard asset collateral, strong margins, and a structure that ensures stability and maximizes business transaction capabilities. Its buyers are large importers of high-end vehicles with close ties to North American and European exporters.

"This is exactly the type of client we are excited to do business with because we see the potential and path for growth," said Steve McDonald, President of Trade Finance Solutions. "Our client is well versed in the financial, legal, and logistical side of the business, delivering luxury vehicles internationally in a way that is quick and efficient."

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