Product Description

Bank of China finance against a corporate customer’s outstanding invoices owed by its buyers, also known as its trade receivables or account receivables. There are several different types of receivables financing options, such as Factoring, invoice discounting without recourse, receivable finance with recourse to borrower, receivable finance covered by insurance policy, etc.

Product Features

1.Receive the invoice payment earlier and enhance liquidity

2.Sell off account receivables and improve balance sheet