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Factoring Business
2021-10-19 14:28:52
Definition: After selling goods, providing services or renting equipment on credit, domestic Sellers transfer their legal accreditor's rights of count receivable to the Bank, and the Bank provides them with the comprehensive financial services that integrate payment guarantee of accounts receivable and financing.
Applicable Customers: Sellers who need the Bank to provide the Buyer's payment guarantee or to provide post-shipment financing after selling under an open account.