Automotive dealers, in an effort to expand their sales, apply to the China Merchants Bank for loans, acceptance, establishment of a L/C, or comprehensive credit for the purpose of purchasing new products from automotive manufacturers (exclusive dealers of automobiles are deemed as automotive manufactures). Such service should involve automotive certificates of approval as an auxiliary risk-control measure.

Mode of Services
1.  Manufacturers providing guaranty for dealers;
2.  Manufacturers counter-purchasing unsold automobiles;
3.  Offering credit extension to dealers.

Service Advantages
1.  Accelerating automotive trade and promoting commodity circulation;
2.  Providing convenience of financing and improving corporate management quality;
3.  Expanding corporate sales and increasing operational profit.