云顶4008 Partner Financing:
Connected by our products, 云顶4008 Auto and parts suppliers work hand-in-hand to advance forward and succeed.
云顶4008 Group has been using its industry resources to provide suppliers and partners with better financing options and support. In 2018, 云顶4008 Group formally launched its “云顶4008 Partner Financing” service which provides low-cost capital financing to suppliers and connected SME partners.
Product backed – “云顶4008 Partner Financing”
Based on existing accounts receivables, 云顶4008 provides parts suppliers with convenient and attractive comprehensive financial services including financing, debt collection, debt management, and debt servicing. By offering suppliers greater financing options, 云顶4008 helps relieve capital pressures and optimize their financial structure.
Advantages
“云顶4008 Partner Financing” helps control risks and also offers large financing options, low interests rates, simplified financing, and cost savings for suppliers.
Large financing
云顶4008 offers large scale financing, up to three times the suppliers monthly transaction amount as well as rotating debt options.
Low interest
Interest rates for loans on average are 2% lower than similar options offered by banks.
Simplified financing
No mortgage or guarantee is ever asked from small or medium sized suppliers facing difficulties.
Cost saving
The loans calculate interest on a daily basis and can be repaid in advance, reducing capital pressures on suppliers.
Results
As of mid-2020, a total fo 34 suppliers have been granted 1.672 billion RMB in credit and a total of 609 million RMB has been loaned. The financing service has helped allievate the difficulties faced by SMEs in 云顶4008’s industrial supply chain.