What is Kuabei? Kuabei Review, Features

Kuabei is a supply chain financial service platform launched by Zongteng Group. Kuabei uses a powerful logistics data system to assist financial institutions in analyzing data and controlling goods, thereby reducing financial business risks, enabling funds to be effectively allocated and creating profits with low risks. At the same time, it provides e-commerce companies with more high-value, long-term, and low-interest funds, thereby improving capital turnover, solving cross-border financing problems, and achieving rapid and stable development.

About Kuabei

After more than a year of polishing, Kuabei has continued to iterate and upgrade, and has reached cooperation with many domestic and foreign financial institutions, connecting and assisting in the design and implementation of a variety of products such as procurement financing, inventory financing, factoring financing, and credit financing, covering all processes of the entire cross-border supply chain. Product currencies include US dollars, Hong Kong dollars, and RMB, with a financing period of up to 180 days and a financing interest rate as low as 9%. As of November 2019, it has facilitated financing projects for many cross-border e-commerce companies, and has accumulated more than 1 billion yuan in supply chain financial funds for customers.

Services

1. Procurement Financing

The export agent provides export agency services to e-commerce companies and also pays for purchases on behalf of cross-border e-commerce companies.

advantage:

1. The longest payment period is 180 days.

2. Low rates.

3. Advance payment of about 80% of the purchase price.

2. Inventory Financing

Cross-border e-commerce companies pledge the goods under the supervision of overseas warehouses to the financiers, and the financiers provide financial support to the e-commerce companies.

advantage:

1. The maximum payment period is 1 year.

2. The pledge rate is as high as 50%.

3. Financial support for conversion of goods in stock.

3. Factoring Financing

The funding party will provide financing support based on the historical sales data of cross-border e-commerce companies and accounts receivable on the platform after pledging a certain proportion.

advantage:

1. The longest payment period is 180 days.

2. Borrow and return at any time.

3. Accounts receivable are converted into available working capital.

4. Credit Financing

The funding provider will assess the operating conditions and overall strength of the e-commerce enterprise and grant it a credit line.

advantage:

1. The longest payment period is 90 days.

2. Borrow and return at any time.

3. No pledge or guarantee measures are required.