I am a textile and clothing production and sales company. In the second half of the year, the capital turnover was tight in the peak season, and the bank credit line was full. I was lucky to find Xinyang. Our company transferred the buyer's accounts receivable to Xinyang, which can be used as a risk control to provide factoring financing. After confirming the evaluation of our business situation and goods, we successfully granted a credit of 7 million yuan within 3 working days, solving our financial pressure, At the same time, the scale of trade has been expanded.

I am a wholesale and retail oil trading company, mainly selling in Taiyuan market, providing oil supply for nearly 450 gas stations in the local markets such as Jinzhong Huachu, Station 21, Henan Yudong, Shell, etc. Cooperating with the central enterprises, I have a large number of customers and slow collection of accounts, which makes the capital chain tense, financing through bank channels, and credit is limited. Until a friend introduced Xinyang, the buyer could confirm the rights and transfer accounts receivable to provide financing services. Xinyang successfully granted a credit of 5 million yuan in only 3 working days, relieving my financial pressure.

I am a domestic wholesaler of imported timber. Due to the slow recovery of accounts, the capital chain is strained. I once borrowed from the bank. As I am a small enterprise, the bank is unwilling to lend. Through friends' introduction, I was very lucky to meet Xinyang and could finance through pledged goods bills of lading. After confirming our business situation and evaluating my goods, Xinyang made a loan within 3 working days and successfully granted a credit of 1 million yuan, relieving my financial pressure.