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What is GMS Finance?
GMS Finance is a one-stop financing service solution for GMS certified member enterprises, relying on the Zongshang Network platform and based on real trade transactions between upstream and downstream enterprises in the supply chain. It effectively solves the problem of tight liquidity for member enterprises and helps them operate steadily and develop soundly.
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What are the financing models available?
The financing models include: credit sales account financing, order financing, and warehouse receipt pledge financing. Member enterprises can flexibly apply for financing according to their own needs in order procurement scenarios, inventory turnover scenarios, and credit sales account scenarios using real trade materials.
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How to open a financing account?
According to the requirements of different funding parties (financial institutions or similar financial institutions), open a designated bank general account on the counter or open a designated bank general account online.
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How to sign a contract and make a loan?
According to the requirements of different funding parties (financial institutions or similar financial institutions), submit the necessary application materials for financing and obtain credit through the approval of the funding party. After completing the paper or online signing according to the requirements of the funding party, the funding party shall disburse funds to the agreed bank account according to the signing agreement.
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How to repay the principal and interest?
According to the loan contracts of different funding parties, the corresponding principal and interest shall be returned to the agreed bank account on or before the agreed repayment date according to the agreed repayment method, until the loan is settled.
