Applying for a commercial factoring license allows for ongoing supervision and management of accounts receivable.

Applying for a commercial factoring license allows for continuous supervision and management of accounts receivable. Factorers should fully examine whether the claims transferred by the original creditor are genuine.，Including whether the contract is genuine，The specific amount of the account corresponding to the contract，Payment status、Contract performance, etc.，You should check whether there is any pledge of accounts receivable on the Zhongzheng platform。

Designed for accounts receivable formed by buyers and sellers，The seller can shorten the collection time of accounts receivable，Reduce capital backlog，Optimize financial structure；It can solve the difficulty of financial constraints for buyers。Factoring financing function is the most widely used。in recent years，As buyers pay on credit gradually become the dominant settlement method，A large amount of accounts receivable cannot be realized in time，Factoring business broadens financing channels，Effectively solve the financing difficulties of small and medium-sized enterprises。

It is understood，Financing accounts for nearly 80% of factoring business。The factor obtains a direct right of claim against the debtor through the assignment of creditor's rights.。Factoring is predicated on the transfer of accounts receivable，Factoring assignee accounts receivable，Obtain creditor status。The factoring agency conducts continuous supervision and management of accounts receivable as a creditor based on the factoring contract signed with the creditor.，Such as sales account management、Collection of accounts receivable, etc.。

Providing trade finance by transferring accounts receivable，Adopt scientific methods and means，Supervise and manage the entire process of collection of accounts receivable。So let’s learn about the functions of commercial factoring，So how to apply for a commercial factoring license? Materials required：

1. Domestic company business license、Official seal (our company can provide it)
2. Hong Kong company business license、Notarized documents (our company can provide them)
3. director、Copy of supervisor’s ID card；

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