Composite Financing

Combination Financing Model

Future Goods Right under L/C Model

This is the financing credit business of CMB as applied for by the customer that CMB issues a conditional payment commitment (L/C) to the upstream supplier of the credit applicant. CMB undertakes to perform the obligation of payment towards the supplier on the premise that the documents comply with all terms of the letter of credit, and uses future goods right under the L/C as the guarantee.

Easy Purchase and Selling Model (Guaranteed Sending Out of Goods + Stipulated Refund)

This is the financing credit business of CMB as applied for by the customer that CMB pays the purchase price for the credit applicant to procure goods from upstream suppliers. The suppliers undertake to send the goods directly to the downstream purchaser after receiving the purchase price, and the downstream purchaser undertakes to refund the purchase price directly to the account opened by the applicant with CMB after receiving the goods.

Marine-Land-Warehouse (In Transit Supervision) Model

This is the financing credit business of CMB as applied for by the customer that uses the goods lawfully owned by the credit applicant (or third party) as the collateral. The third-party warehousing enterprise entrusted by CMB transports and supervises the goods after they leave the factory, handles the pledge procedure in transit, and continues supervision until the goods enter the designated warehouse.