Settlement loan

In the case of using d/clearing the way to handle sales in payment for enterprises to address the commodity to before the collection of payment is received after the issue of float and borrow the money needed. Enterprise is shipped after the specified period (typically 3 days, special circumstances not longer than 7 days) within the Bank collection, may apply for the d/a settlement loan. Loan amounts are usually calculated according to the amount and the agreed discount rate for collection, roughly equivalent to the cost of merchandise sold and mat transport fees. Corporate money back, banks to claw back its own debt. BACK
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