1) Product Definition:
Online Supply Chain “e-Selling Financing” product is an innovative product that with the cooperation of the core enterprise in the industry, China Construction Bank offers the online financing service to nationwide downstream distributors of the core enterprise.
2) Service Target:
The downstream distributors of the core enterprise of steady operation, rapid turnover and large short term demand of fund, including Shanghai local and non-local distributor.
3) Product Advantage:
1. Simple procedure: register and apply on CCB website. Sign contract via CCB corporate online banking, full procedure e-operation, easily obtain the loan at home, in office. The non-local customer can open account and corporate banking in local CCB.
2. In cooperation with the core enterprise, the leading CCB branch provides financing services to the suppliers throughout the country.
3. Quick withdrawal and use: the PO information confirmed by the core enterprise can complete the lending preparation within T+0 to T + 1 working day, the applicant can circulate within the limit of the contract to withdrawal and use, borrow and repay as wishes.
4. Flexible repayment: prior to the maturity of loan, the applicant can fully/ partially repay at anytime so as to release the pledge on goods in the meanwhile of saving the interest expenses, the interest will be accrued on daily basis.