Hot Money has long been a problem for China and can create major problems for commercial lenders and factoring companies financing trade as part of their portfolio. In some instances, factoring invoices are often derived from an up stream trade transaction that is also financed by the factoring company. Wu Ruilin, China’s Deputy of its
Why is it that business I speak with so often say, “…We have been with our bank for so many years, but they won’t make us a loan.” Large traditional banks are designed in most cases for retail banking and corporate lending. There is not much money to be made by making small loans at
After 14 years of working in China, one gets used to the fire drills that continuously go on with the Chinese government and their many circulars that are issued to the business community. One has to know that, when working with China, one has to be prepared to work in the grey area as nothing
The 116th Canton Fair will be held in the mid of this October Canton Fair boasts an exhibition area of 1,160,000 square meters, 59,500 standard Booths, more than 200,000 buyers, and tens of Billions of US dollar business value in every session. Each Session of Canton Fair created boundless business opportunities. The 116th Canton Fair
U.S. importers have been filling the void for many of the products that the U.S. buyers continue to demand with their dollars, and this has presented a niche for new kinds of financing opportunities such as factoring invoices and trade financing. An interesting side note is that if U.S. buyers just bought $300 more of
As we all know, China and US are major trade partners, and there is a large amount of related financing that follows this path of trade. Just last month, US Trade deficit showed a 7% increase in imported goods. Much of these goods are financed by US or Chinese banks or commercial lenders. Many trade
Find Your Financing Now as Suppliers won’t be taking Mastercard… The China Import / Export Fair, or formerly known as the Canton Fair is fast approaching…there are still seats on the planes but they are filling up by the second. US buyers often frequent this fair to meet with long time suppliers to see what
Businesses working with China trade for importing goods often have to pay for their goods or labor to make many of their completed products for the US market. Lets face it, the US dollar does not go the same distance it used to in China or anywhere else for that matter. Unfortunately, the US does
Many businesses under $10 million are focused on the traditional sales channels like major retailers. For many. this is the “Mother load”, but when there are more competitors all the time and major retailers with flat to negative growth after factoring for inflation, there must be other tactics employed while also making sure you have financing strategies
Keeping to a “New Year’s Resolution” of being ahead of the curve is a goal everyone needs to work towards…as a small business owner, don’t wait to the last minute to find the extra capital that you need. Keep this year’s resolution and find the right capital before its urgent. Finding the right factoring company
