SELL ON CREDIT GOODS PLEDGE:
1)Buy sell on credit goods right risk. The highest sum is 70% of cargoes payment. It can reach your account within 3 working day.
2)China export Credit insurance company can assist to investigate buyer reputation and credit. From it, it can decide cargoes payment credit amount.
PML can loan you according with your contracting and relative documents after getting MBL.( The highest amount is 70% of cargoes payment. Highest unit amount is USD150000. Circulation amount can’t be over USD1000000). The goods must be exported by PML. Also the cargoes amount must be paid into PML consigned account.
3)This service named e-Credit line in foreign. The buyer can apply directly. If foreign buyer have e-Credit line amount. Don’t need buyer credit investigation.
Advantage:
1)sell on credit goods right pledge can assist you to get credit order and make more business.
2)The highest credit amount is 70% of cargoes payment. You can get it after 3 days once you get full set of documents and MBL. It let you receive payment very fast and cut down your pressure.
3)You can enjoy one stop logistics service. The operation is very simple.
Operation process:
Foreign buyer application
Use condition:
Supply condition:
1)must regist in China.
2)The products must be in our service. Pls check the limited list.
3)Consign PML to export customs clearance and arrange logistics
Collect the payment by PML.
buyer condition:
1)Through China export Credit insurance company which can assist to investigate buyer reputation and credit. From it, it can decide cargoes payment credit amount.
2)Provide COMFIMATION LETTER of payment or LETTER OF AUTHORIZATION and INSPECTION REPORT before delivery goods
3)The credit date can be over 120 days.
sell on credit goods right pledge charge list:
1)investigate buyer reputation and credit charge :RMB800 for every one
2)Service charge list:the cargoes amount * service rate as below:
|
70% |
30days |
45days |
60days |
75days |
90days |
120days |
|
A |
1.60% |
2.30% |
2.80% |
3.20% |
3.80% |
4.80% |
|
B |
1.80% |
2.50% |
3.00% |
3.50% |
4.00% |
5.00% |
|
C |
2.10% |
3.00% |
3.30% |
3.80% |
4.30% |
5.30% |
|
D |
2.50% |
3.30% |
3.80% |
4.30% |
4.80% |
5.80% |
Remark: the above will be subject to China export Credit insurance company standard.
interest: credit amount *0.04/per day
China export Credit insurance charge :credit amount* insurance rate. (the rate is different from different country)
Remark: This service can’t be used by the following goods
1)National: audio-visual cultural products, pharmaceuticals, military control carving, tea, computer CPU, living animals and plants and their products, tobacco, alcohol, electrical contacts, scrap electronic components, wool textiles, motor vehicle, stone material, mobile phone, works of art, including precious and semi-precious stones products etc.
2)The pearl river region: wood products, notebook, tablet.

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