CMB may finance you after you receive a Purchase Order (P/O) or a Letter of Credit (L/C) but before shipment is made so as to meet your funding needs for purchasing and processing raw materials, paying wages and packing goods that are to be shipped.
Benefits
Capability enhanced: CMB’s advance is a significant help for you to negotiate with importer/buyer better contract conditions by accepting longer payment term.
Financial efficiency increased: CMB’s advanceis a significant financial support for you to ease working capital, fulfill the P/O and/or L/C received and sell more.
Workable with Export Finance: CMB’s Packing Loan as a pre-shipment advance can be structured with Export Finance, which is a post-shipment advance.
Note:
All the contents stated above are for your reference only. Please consult the local branch of China Merchants Bank for further information. China Merchants Bank reserves the ultimate right of interpretation for the contents in this page.