To help you easily solve the problem of capital turnover, ETDETA have carefully designed Prepayment Financial Services, specifically targeting the supply chain financing needs of importers.

We offer the following six benefits:

  • Fast approval and easy operation  —  Our prepayment service optimizes credit assessment, eliminating the need for cumbersome assessments of customers’ financial status, credit records, and repayment capabilities. The approval process is fast and the operation is simple, saving you valuable time.
  • Improve cash flow  —  With prepayment services, you can receive financial support during the transportation of goods, relieving short-term capitalpressure and allowing you to focus on core business development.
  • Obtain larger discounts  —  When suppliers receive full payment in advance throughprepayment financial services, their cash flow improves and financial pressure is reduced. This makes suppliers more likely to offer you larger discounts as a reward for your early payment support. This means you can purchase products at more favorable prices, reducing procurement costs and enhancing procurement capabilities.
  • Lower financing costs  —  Compared to traditional loans, prepayment financial services offer lower interest rates (1-2% monthly interest, calculatedmonthly) and flexible repayment terms, helping you reduce financing costs. Suppose your business needs a $10,000 prepayment, with a 1% monthly interest rate. If you repay within one month, you only need to pay $100 in interest (10,000 x 1%). The convenience of borrowing and repaying saves you time and cost.
  • Enhance supply chain efficiency  —  Suppliers can receive full payment in advance, which helps accelerate the delivery of goods. The operational efficiency of the entire supply chain is improved, resulting in faster delivery times and higher customer satisfaction. By using prepayment financial services, you can establish closer cooperation with suppliers and jointly promote supply chain efficiency improvements.
  • Compliance  —  Our prepayment financial services comply with laws and regulations. During the prepayment financial service process, we ensure that all operations and transactions comply with legal provisions, allowing your business to enjoy financing convenience within a compliant framework.

Simply follow four easy steps to access prepayment financial services:

  • Apply for prepayment services:   Submita prepayment service application to us, stating the information about goods, amount, transportation time, and other requirements. No financial or credit information is required.
  • Financing plan approval:   We will provide a prepayment financing plan, including prepayment amount, term, interest rate, and more.
  • Sign financing agreement:   Once both parties agree on the prepayment financing plan, sign a financing agreement specifying the terms of prepayment, payment time, interest, payee information, and property rights division.
  • Receive goods and pay for goods:   After we receive the goods ready for transportation at the departure point, we pay the supplier according to your requirements. When the goods arrive at the destination, ready for pickup or delivery, you pay the prepayment and interest.

Contact us now to enjoy the benefits of our new prepayment financial services, making your procurement work easier and more efficient!