For merchant financing, there are two major innovative financial products offered, namely Beneway CQ Pay™, a lending service for merchants that provides emergency trade financing and earns interest from this financing daily. This service has expanded to business finance for supply chain export to the US.
Beneway Unified Procurement™ is a combined purchase and advance payment service for supplier and purchasers, where purchase price can be relatively lower than in the market. The suppliers can reply on Unified Procurement™ to increase sales and receivable turnover, minimizing bad debt risks.
For supply chain integration and raw material import-export, SUIC Beneway is going to finance up to 50 containers of food raw materials for export to
“SUIC provides comprehensive financial products and services and is committed to providing support for the sustainable development of enterprises and improving their supply chain efficiency and corporate financial strength through innovative financial technology. This further strengthens the company's position in supply chain in the food industry and other industries as well, bringing greater returns and value to the company's shareholders and investors,” said Hang Wang, CEO of SUIC.
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