JRF International Factoring

A Start up trading company in Jiangsu in China, exported agrochemicals to Europe&America. They had very good marketing&sales channel. As the general payment term was O/A, D/A in that industry, they suffered from cash flow problem due to the large orders from customers with requriement of extend credit term from 90 days to 120 days. They don’t have enough money to purchase material nor did they have working captial to offer extented credit term.  The more they sale, the more serious cash flow problems they have.

As they were a trading company with short business history and limited assets as collateral , it’s very difficult to get financing from banks. So they approached us.  JRF analyzed the company's situation and initiated in depth of communcaiton with their account debtor overseas, and arranged a international trade financing to the company to fullfill the order with more than 10 million USD.