SFBC - Direct Factoring mode (based on Anchor buyer’s Credit Undertaking)
Based on the genuine trading background, at the request of the supplier who submits the trade contract and invoices, by leveraging on the anchor buyer’s confirmation on the account receivables, OCBC China finance the account receivables for the supplier by purchasing it from the supplier and disburse the AR value to the supplier, facilitating the supplier’s cash flow after goods are shipped or services are rendered, which can meet the supplier’s requirement of off-balance sheet where applicable.
SFBC - Re-factoring mode (based on Anchor buyer’s Credit Undertaking)
Based on the genuine trading background, after the supplier submits the trade contract and invoices to the factoring company for factoring financing, at the request of factoring company, by leveraging on the anchor buyer’s confirmation on the account receivables, OCBC China finance the account receivables for the factor by purchasing it from the factor and disburse the AR value to the ,facilitating the factor/supplier’s cash flow after goods are shipped or services are rendered, which can meet the factor/supplier’s requirement of off-balance sheet where applicable.

OCBC China is actively exploring online channel for the Supply Chain Finance business to help SME to solve its financing needs easily.
Based on the genuine trading background, the anchor buyer (as the member of external SCF platform) could issue “AR Confirmation” (ie, Electronic Payment Undertaking) to the suppliers on the external SCF platform. The corporate suppliers could keep/split/transfer the “Electronic Payment Undertaking” or even submit the financing request to the bank (also uploading the sales contract and invoices). By leveraging on the anchor buyer’s confirmation on the account receivables, OCBC China finance the account receivables for the supplier by purchasing it (on a without recourse basis or a with recourse basis) and disburse the AR value to the supplier.
Currently, we could accept the “Electronic Payment Undertaking” which is submitted through the below external SCF platforms (including but not limited to): China Supply Chain Cloud (CSCC), etc.

Based on the genuine trading background, at the request of the supplier who submits the trade contract and invoice, by leveraging the "credit insurance policy" which is issued by an acceptable insurance company, OCBC China finance the account receivables for the supplier by purchasing it from the supplier (on a without recourse basis or a with recourse basis) and disburse the AR value to the supplier, facilitating the supplier’s cash flow after goods are shipped or services are rendered, which can meet the supplier’s requirement of off-balance sheet where applicable.

Based on the genuine trading background, at the request of the supplier who submits the trade contract and invoice, by leveraging the Seller’s own credit, OCBC China finance the account receivables for the supplier by purchasing it from the supplier (on a with recourse basis) and disburse the AR value to the supplier, facilitating the supplier’s cash flow after goods are shipped or services are rendered.