Accounts Receivable Purchase
BOC U.S.A. purchases Accounts Receivables on a non-recourse basis, undertaking the credit risk of the buyer in the underlying transaction, and paying the purchase price to the corporate selling parties. Credit insurance policy, issued by a credit insurance agency approved by BOC U.S.A., could be accepted as an applicable risk mitigation.
In the event the receivables are diluted, (the most typical, commercial dispute), the bank will reassign the diluted receivables back to the client.
Optimize cash flow
Accelerate the turnover of the receivables, and optimize cash flow from operating activities
Provide short-term liquidity to the supplier through purchase of receivables instead of loan arrangement.