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October 13, 2015

Where you can check credit

Filed under: chinee economy — Tags: , — solaroutdoorlight @ 1:45 am

Chinese fnancial system has been keeped in a poorly development for a while, which implies the revelent of credit sonstraints and different source of finance. Many people think that trade credit is the accounts payable, or accounts receivable, actually it’s not, china trade credit(  is different with these two.

Maybe you want to know ,what is trade credit? Oftenly we define trade credit as an agreement. In this agreement customer can puchase goods on account without payng in cash, and the paying was not timely for supplier. A specific trade credit number will be given when the goods was delivered ,usually 30 or 60. Some special business , such as jewelry, entend their credit to a more long time.

Wikipedia tell us that trade credit is the credit extended by one trader to another trader for the purchase without immediate payment. Trade credit is used as a sourse of temporary financing for business organisations, expecially business to business (B2B) sellers in the United States.

For many area of business, trade credit is an useful tool for increasing you finance. Suppliers extend you a trade credit, for you can buy in time and pay later. By this definition, anytime you enjoy goods,service or other valuables without paying in money, you are using the trade credit.

It’s clear that trade credit is important to customer as well as business, and if you want to develope some trade in china, how can you ensure you partner’s credit? What about you partner’s performing in past year? Want to screen qualified buyers or suppliers in China? You can check trade credit in Cnbizsearch if you need, for example business managers, credit risk managers, and line associates.

Cnbizsearch is known as Shanghai Anson Business Consulting Company Limited.AS a credit and risk management, it support service and commercial information in China.

Cnbizsearch provide thousands of trade credit of chinese company, you can search for what you interested in this large database. Just real data, and by these data you can make your own analysis and then conclude by yourself.

If you want more imformation about chinese credit, pls pay attention to Cnbizsearch.

china trade credit

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