Easy Cotton Finance

Product Definition
This is a financial service package integrating transaction settlement, financing, investment, wealth management, financial advisory and so on provided by CMBC to the peasant households, core production enterprises, distributors and textile manufacturing enterprises in cotton fields to meet their demands in procurement, sales, manufacturing etc.
    
Customers that this product is designed for
Upstream enterprises: cotton growers
Core enterprises: Core production (trade) enterprises
Downstream enterprises: distributors
End users: textile manufacturers
    
Product Features
Low threshold: Through “credit lending”, the access threshold for the SME customers in the industry chain is lowered significantly;
Flexible settlement: Cash, notes, guarantees, L/C, and other methods to meet the settlement needs of the enterprises;
More guarantee choices: More than ten guarantee types can be chosen: Corporate guarantees, inventory financing, accounts receivable financing, real estate mortgages, mutual guarantee, etc.;
Efficient service: Efficient and convenient financing services guaranteed with the expert team and near 10 years business experience at CMBC

Featured Solutions
Financial service solution introduced to the cotton growers, products including: mutual guarantee financing, guarantee company guaranteed financing, etc.;
Financial service solution introduced to the core cotton production (trade) enterprises, products including: Procurement financing, inventory financing, sales financing, bill management, cash management, etc.;
Financial service solution introduced to the cotton distributors and exchange, products including: differential repurchase, inventory pledge financing, warehouse receipt pledge financing, accounts receivable pledge financing, etc.;
Financial service solution introduced to textile manufacturers, products including: equipment financing leasing, inventory financing, etc.

Required Information
Basic information of an enterprise (organizational code certificate, business license, tax registration certificate, loan card, articles of incorporation, identity card of the legal representative, etc.)
Accounting information of an enterprise (Capital verification, audit, recent financial reports, etc)
Business operation information of an enterprise (qualifications, contracts, invoices, etc.)
Application form for financial service (variety, amount, term, usage, etc)
Other information required by CMBC

Process

上游企 业 ： Upstream Enterprises

核心企 业 ：  Core Enterprise

下游企 业 ：  Downstream Enterprises

终 端用 户 ：  End Users

提出申 请 ：  Submit Application

与 客 户经 理接洽：  Contacting Account Manager

选择 金融服 务 方案： Select Financial Service Solution

订单融资 ：  Purchase order financing 

应收账款融资：accounts  receivable  financing 

担保融资：guarantee financing 

商票贴现：Commercial bill  discount  

仓单质押融资：warehouse receipt pledge financing 

授信 调查 ：  Credit Investigation

判 断 ：  Judgment

授信批准：  Credit Approval

享受 专 属 金融服 务 ：  Enjoy “Exclusive” Financial Service

名 单内 ：  In the list

否：  No