With the supplier's promise to redeem, the purchaser applies loan quota from the bank with the supplier's established warehouse warrant from the warehouse designed by the bank as the collateral; the bank provides the loans on condition that it holds the drawn right.
a) Accelerate the business by trusting bank’s reputation;
b) Assure the recovery of funds; enhance the efficiency of funds occupation;
c) Provide to the buyer with easy financing ways; solve the problem of funds occupation;
a) Provide to the buyer with easy financing ways; solve the problem of funds occupation;
b) The dealer can order large quantities of the concessional prices offered by the manufacturer, reduce cost of sales;
c) For products with large seasonal sales variance, the dealer can make purchase order in the off-season, and sales at higher price in the hot season to gain more profits;
d) Help manufacturers effectively solve the sales channels problems, increase market share, increase profits, reduce accounts receivable occupation, improve capital efficiency;
a) Manufacturers and dealers sign annual purchase and sale agreements and contracts;
b) Manufacturers, dealers and bank of Kunlun sign three parties warehouse confirming finance agreement;
c) Dealers and bank of Kunlun sign commodity pledge agreement, bank of Kunlun gets goods delivery rights;
d) Dealers pay certain amounts of warranty to bank of Kunlun and apply for bank accepted bill to pay for the goods to manufactures;
e) Manufactures according to three parties agreement safe keep the goods under purchase and sale agreements, and take the repurchase guarantee responsibilities for the bank accepted bill warranty uncovered amount;
f) Dealers pay bank accepted bill warranty;
g) The bank issues “goods delivery notification” when the warranty amounts arise;
h) Manufacturers deliver the goods to dealers according to “goods delivery notification” issued by the bank.