With this solution TradeAider can enable your Chinese suppliers to accept your orders with a long payment terms, solving the cash flow problem for both the buyers and suppliers. Since TradeAider will arrange the advanced payments from our partner banks to your Chinese suppliers within one week upon the shipment of the goods. And you can make the payments to the suppliers comfortably in say 30 days, 60 days, 90 days, or even later, as planned.
With this solution, TradeAider can help solve the trust problem in payment for both the buyers and suppliers. Both the down payment and the final payment funds from the buyers can be sent to the third-party escrow account of TradeAider first and will be released upon receipt of the buyers' instruction once they are satisfied with the production/quality situation of the suppliers reported in the Evaluation Report and/or Inspection Report sent by Trade Aider.