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Kwiat Opens FlexFIN in India with K. Girdharlal

Through FlexFIN, Indian manufacturers will be able to obtain financing, as well as have direct access to Kwiat’s North America distribution.

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(PRESS RELEASE)NEW YORK — Kwiat, the renowned diamond jeweler, is announcing the expansion of its FlexFIN program in India. FlexFIN provides collateralized financing to the gems and jewelry trade. FlexFIN is offering a first-of-its-kind product to the Indian market in affiliation with K. Girdharlal. K. Girdharlal is a fourth-generation diamond manufacturing house that caters to jewelers worldwide with GIA-certified natural diamonds.

Through FlexFIN, Indian manufacturers will be able to obtain financing, as well as have direct access to Kwiat’s North America distribution. The process is simple, straightforward, and discreet. K. Girdharlal will administer the intake and valuation and help create sustainable working relationships.

This is exciting news for India’s diamond and jewelry industry as it presents a unique and viable option for companies looking for short-term capital, as well as those with large valuable inventories uninterested in or unable to obtain traditional bank loans.

“We are excited to partner with a great family and company in order to bring a first of its kind financial product to the Indian polished market. Adding liquidity to the diamond market in this win-win scenario is very exciting to be a part of,” says Russell Kwiat, COO of Kwiat.

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