Purchase order financing is that enterprise applies for financing business to bank of Kunlun with a real and effective purchase and sale contract and purchase orders.
Simple Procedures, enterprise can apply for financing with only real contract and purchase order.
a) Funds can support raw material purchase and process under purchase order, reduce self-owned funds occupation;
b) Solve the funds problem; SMEs can get the funds in advance to complete the purchase order;
c) Significantly enhance the ability of enterprise to get purchase orders;
a) Enterprise sign purchase and sales contract and get purchase order;
b) Enterprise applies for financing in bank of Kunlun with purchase and sales contract, purchase order;
c) Bank of Kunlun reviews and confirms the truth of the contract and purchase order, determine its comprehensive credit limit, and open special sales account for the enterprise;
d) Enterprise signs purchase order financing contract and guarantee contract with bank of Kunlun;
e) Bank of Kunlun distributes the funds to the enterprise; enterprise puts the funds in designated usage;
f) The buyer pays the funds, bank of Kunlun deduct the funds from designated account;