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Domestic and International Factoring
Usage: Working capital
Requirements on suppliers: 1.Long-term and stable relationship on goods supplier between suppliers and buyers 2.Good reputation on buyers: well-konwn domestic or international supermarket and hypermarket. World top 500 companies will be better 3.Total A/R outstanding should be over RMB 2 million 4.Fine financial situation of suppliers
Merits: Apply instantly, and disburse within 48 hours; Shorten A/R term, and accelerate capital circulation; Convert A/R into cash, and optimize capital structure; Bank traces A/R, and lower company"s management cost; Exert the positive function of A/R, and increase product sales;
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