"Our new financing program helps cash-flow challenged businesses to more easily source products from China," said Xu Bo, Vice President of FIE.
Los Angeles, CA (PRWEB) July 23, 2014
Made-In-China.com (“MIC”), a leading website that connects global buyers with Chinese suppliers, has launched iCredit. This business line of credit is a "buy now, pay later" program that enables small businesses to receive shipments from Chinese suppliers and delay payment until after products are delivered.
iCredit is operated by Focus Imp. & Exp. Services Co., Ltd. (“FIE”), a subsidiary of Focus Technology Co., Ltd. "Our new financing program helps cash-flow challenged businesses to more easily source products from China and compete in global markets," said Xu Bo, Vice President of FIE. The maximum cumulative financing limit for this financing program is $750,000.
This option of buying on credit from China can be an important advantage in today's environment where businesses struggle to get lines of credit from overseas suppliers. Suppliers rarely offer lines of credit to smaller businesses because it is risky to conduct global trade with buyers that have not established credibility with suppliers. This new business line of credit can help to level the playing field in global trade at a time when smaller businesses need access to credit to compete.
Buyers interested in learning more about iCredit can visit http://sourcing.made-in-china.com/icredit.html. All aspects of an iCredit transaction can be done online. Once approved, a buyer can use the financing credit to place product orders online. The financing period ranges from 30 to 90 days.
Buyers can purchase from a vast array of products ranging from home and garden supplies to machinery. To learn more about the products than can be exported, visit the website.
Suppliers also stand to benefit from iCredit. Suppliers can now sell to more customers without taking on all the risks of offering credit lines to overseas buyers. Participating suppliers in the iCredit program have all have passed a strict due diligence process, which includes factory inspections and reviews of financials.
The newly launched line of credit is expected to help buyers expand their businesses by offering short-term financing that facilitates global trade.
http://www.Made-In-China.com is a leading e-commerce platform that provides online and offline one-stop global trading services. Since 1998, Made-In-China has helped global buyers to source products from high-quality Chinese suppliers.
Contact us at http://www.made-in-china.com/aboutus/contact/ or call Mary Reva at 909-444-0588.