To expand product sales of manufacturers and Dealers and guarantee the timely payback of sales revenue, CMBC introduces Manufacturer-Dealer Package. Within the available credit line of the franchised dealers, CMBC issues accepted bank draft with the manufacturer as the payee for acceptance; goods keeper deliver goods to dealers by batches as instructed by the bank; when the bills are due, pay back the bills with sales revenue.

Collateral Repurchase Type
Margin Repurchase Type
Warehouse Warrant Collateral Type
Guarantee Type

Dealer

The dealer shall be Grade 1 dealer or franchised dealer

Sales revenue of dealer exceeds RMB 40 million, credit rating at bank above (and including) BBB

Manufacturer

Manufacturer should be well-known brand enterprise in the industry (including joint ventures and solely funded enterprises)

·For Manufacturer

Expand commodity sales, seize market shares

Reduce accounts receivable, accelerate sales payback, improve cash flow chart

Determine production by sales, reduce capital occupied by finished products, save costs

Support co-development of dealers through assuming limited guarantee responsibility

·For Dealer

Increase purchased commodity quantity to get discounts

Get price concessions through reverse-seasonal purchase

Leveraging the strength of manufacturer, easier to get financing support from banks

Make closer relationship between manufacturer and bank, enhance sales competitiveness

·For keeper

Expand client base and increase revenue