JRFactor
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JRF is happy to offer Domestic Factoring services to China companies who sell goods/services on open credit term to business entities who are legally formed in China.
The services provide you working capital, customer credit risk protection, accounts receivable collection services.
This services are specially designed to secure your debts and improve your cash flow, thus offer you a competitive edge for your sales. By assigning
The receivables to JRF and you enjoy the following benefits
> finance against invoices to approved customers.
> advance payments up to 80% of the amount of assigned invoices.
> a guarantee against non-payment by customers due to insolvency and financial inability to pay.
Benefits to Seller:
> Gain competitive advantage by offering Open Credit term sales to customer.
> Reduce customer credit risk.
> Improve the cash flow.
Benefits to Customer:
> Enhance purchase power.
> Reduce working capital by credit purchase.
> Improve company’s balance sheet.
> Improve the company’s profitability and increase shareholder value.
Qualifications:
> Must be Open Account credit sales.
> Annual sales exceed $1 million.
> payment terms is within 180 days.
> Sales is made within China.
> For more information, please contact our factoring consultant at JRFChina@JRFactor.com