I. Introduction
Use this service when your company does not use L/C to settle your export. Use your orders and contract to apply. ICBC will take your expected account receivables as the first repayment source to offer a short-term loan to your company.  

II. Features and Advantages
Exporter simply use the purchase order signed by oversea buyers to apply. You receive the goods payment before shipment. The service relieves your liquidity burden since your company can ship the goods as scheduled.

III. Target Clients
Apply before your company ships the goods and does not use L/C to settle payment

IV. Operation Guide
If your company applies for the first time, sign with ICBC the Master Agreement on Purchase Order Credit under International Trade. Submit the following for each application: 
1. Application Form;
2. Purchase Order or contract signed by overseas buyer;
3. Other documentations required by ICBC.

V. Application Conditions
Your company should have a long-term relationship with the trading partner, at least 2 years and a good record of contract fulfillment from both sides. Your company and your trading partner cannot be associated company of each other.  

VI. Statement
Information herein is for reference only. Industrial and Commercial Bank of China Limited reserves the final rights of interpretation. Refer to the announcements and regulations of local branches for further details.