Da Yue Commercial Factoring Co., Ltd. .. Dayue Factoring is a domestic commercial factoring company, which was established by Jiangsu Da Yue Asset Management Co., Ltd. and Da Yue Financial Leasing Co., Ltd., wholly-owned subsidiaries of Jiangsu Da Yue Group Co., Ltd., with the date of 2065438+July 2004. The company's business includes import and export factoring, domestic and offshore factoring, consulting services related to commercial factoring and other licensed related businesses.
Factoring, also known as payment guarantee, is a financial term, which means that the seller transfers its current and future accounts receivable based on the goods sales and service contracts with the buyer to the financial institutions that provide factoring services, and the factor provides financial financing and credit evaluation for the buyer.