FACTORING

BUSINESS FACTORING

Based on the transfer of the account receivable which is produced or will be produced on the sales contracts that are concluded based on the creditors and the debtors to the factoring companies, the factoring companies will provide one or more than one comprehensive financial services—including but not limited to the receivable financing, accounts management of the receivable, collecting of the receivable, bearing the risk of the bad debt of receivable—to the seller.

REVERSE FACTORING

Capitalizing the good credit of the core enterprises to provide factoring services to their suppliers (usually the small and medium enterprises), solving the financing problems for the small and medium enterprises and at the same time smoothing the supplier system of the core enterprises.

SELLING FACTORING ON CREDIT

Using the good ability of the management of the supply train of the core enterprises (mainly the downstream sales chain management), basing on the stable relationship between the core enterprises and its distributors to provide factoring services to the distributors of the core enterprises and help them successfully complete the purchase and enjoy the greatest degree of sales incentives of the core enterprises, while effectively enhancing the sales of the products from the core enterprises.