Standard Chartered China’s Receivable Purchase solution is a basket of bank services including receivables finance, collection, credit mitigation and balance sheet management. By leveraging our strong global footprint and professional staff, we are able to offer a well designed solution to manage your account receivables generated from your international and/or domestic trade business.
Our Receivable Purchase clients are mainly from retail and wholesale trade, electronic components manufacturing, chemicals, clean energy, etc.
Standard Chartered Bank (China) Limited can offer below services based on your qualified account receivables from pre-approved buyers:
- Collection and sales administration service to relieve your workload
- Buyer credit assessment and credit protection service to mitigate the buyer payment risk (under without recourse RS)
- Improve your financial ratios and optimise your balance sheet (under without recourse RS only and subject to your audit firm’s opinion)
- Dependent on your needs, we can offer with recourse or without recourse solution
- Buyer payment risk can be mitigated via various channels such as insurance, import factor or our own credit appetite
- Optional electronic platform with enhanced process transparency
- Dedicated receivable service team to ensure efficient implementation process
For more information, please contact your relationship manager, transaction banking sales consultant, or visit sc.com/cn
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