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CBC to tackle Chinese New Year supply chain issues
10 October 2011
Capital Business Credit Launches Chinese New Year Financing Programme to tackle supply chain inefficiencies.
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CBC
supply chain
China US trade
CBC Chinese New Year
asset based lending
factoring
trade finance
As the traditional manufacturing slow down associated with the Chinese New Year approaches, Capital Business Credit (CBC) has launched a programme to provide financial facilities to both Chinese-based suppliers and US-based importers to ensure that orders placed in Q4 2011 will receive financing in order for the goods to be shipped to the United States and paid for before the Chinese New Year.
Many factories in China close for up to four weeks surrounding the New Year, which will occur on January 23, 2012. To minimise the cash flow impact of...
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