Delta Trade Finance ExpandsBy Delta Trade Finance, PRNE
Tuesday, February 8, 2011
LONDON, February 9, 2011 - Delta Trade Finance, the specialist provider of payables finance programs
for mid and large corporates purchasing from China, has opened its New York
office. This complements its existing presence in London and Los Angeles and
deep regional footprint in China, where its Chinese subsidiary, Delta
(Tianjin) Supply Chain Financial Service Ltd, is one of the only
foreign-owned finance companies to have been granted a local factoring
Delta Trade Finance is part of the Three Delta group of companies, a
respected investment management business focusing on the banking and real
Tony Brown, a leading US trade financier and asset based lender, joins
DTF as Managing Director Sales USA based in New York. Tony has previously
held executive management positions with First Capital, GMAC Commercial
Finance, MTB Bank and Manufacturers Hanover Corporation.
Brown comments: "Our presence gives us a unique insight into the
marketplace and enables us to create finance solutions that satisfy the needs
of buyers and suppliers alike. Working closely with importers and Chinese
suppliers, we pay sellers in advance, while delivering unsecured extended
payment terms for creditworthy importers. The result is a potent and
profitable partnership that reduces risk to both parties, improves cash flow
and, ultimately, strengthens trading relationships."
Tony joins Linda Ayles-Johnson, who is responsible for business
development, in the western half of the USA and is resident in Los Angeles.
Linda says: "When it comes to enhancing relationships with Chinese suppliers,
importers need a partner like us with the experience and presence necessary
to deliver the right finance solution."
Lionel Taylor, Chief Executive of Delta Trade Finance, adds: "I am
delighted that someone of Tony's experience has joined us to drive the
group's expansion. We will continue to recruit experienced finance industry
professionals to strengthen our business development teams in Europe, as well
as building on our strong presence in China."
Taylor continues: "China's economy is enjoying unprecedented growth and
Delta Trade Finance is primed to help strengthen trading relationships
between importers and their Chinese suppliers. With our experienced team in
the West and in the main trading regions of China, we are well placed to
support the trade flows emanating from China to the main Western markets".
For more information, please contact:
Lionel Taylor at firstname.lastname@example.org, +44(0)20-7788-8009.
Tony Brown at email@example.com, +1-646-998-8140
Linda Ayles-Johnson at firstname.lastname@example.org, +1-310-601-8187
Tags: Delta Trade Finance, February 9, London, New York