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.

Warehouse confirming service realizes the leveraged procurement of the purchaser and batch sales of the supplier.

Operational Procedure

1.	The buyer obtains established warehouse warrant hypothecated loan quota from the bank for purchase of goods provided by a designated supplier;
2.	The bank examines the credibility and counter-purchase capacity of the supplier;
3.	The bank and the supplier sign counter-purchase and product quality assurance agreements;
4.	The bank and administration of the warehouse signs warehouse administration agreement;
5.	At sight of the bank's notice indicating its intent to finance the buyer, the supplier delivers the goods to the designated warehouse, and obtains warehouse warrant;
6.	The buyer lodges 30 percent of payment for goods at the bank as acceptance guaranty fund; the bank releases according percentage of commodity drawn right to the buyer until the balance of guaranty fund account equals to the face value of the draft;
7.	In case of insufficient balance of guaranty fund account upon maturity of the draft, the supplier counter-purchases the hypothecated goods under the warehouse warranty.
8.	The buyer lodges its guaranty fund at its bank account; the bank releases an according proportion of commodity drawn right to the buyer; this process repeats itself until the balance of guaranty fund account equals to the face value of the commercial draft.
9.	In case of insufficient balance of guaranty fund account upon maturity of the commercial draft, the supplier counter-purchases the hypothecated commodities registered in the warehouse warranty.

Features and Advantages of Service:

For Suppliers:
· Batch sales for accrued operational profit;
· Reduce bank financing and related cost for capital fund;
· Collection assured with higher efficiency of fund use.

For Buyers:
· Convenience of financing to solve the problem of fund shortage for full-amount payment;
· Batch procurement for lower per capita cost.