Port communicationThe business operation process is as follows： (1) The seller sells goods to the buyer on credit；(2) The seller provides the settlement documents under the credit sales model to the factoring company，As the basis for the transfer of accounts receivable and the issuance of accounts receivable acquisition funds，The factoring company submits a copy of the settlement document received to the partner bank，Carry out refactoring business；(3) The bank is reviewing the documents，After confirming that it is correct，Transfer the relevant financing funds to the factoring company's account；(4) The factoring company will transfer the bank financing amount received to the seller’s account opened in the cooperative bank as the purchase amount of accounts receivable；(5) Accounts receivable due date，The buyer repays the accounts receivable claim to the factoring company。
The business scope of a commercial factoring company. To establish a domestic-funded commercial factoring company, the following conditions must be met:：(1) Investors in commercial factoring companies should have the appropriate asset scale and financial strength to carry out factoring business，No recent violation or penalty record；The main investor should be a corporate legal person or other social and economic organization familiar with the relevant industry，And the total assets in the year before application are not less than 50 million yuan；(2) Commercial factoring companies should be established in the form of limited liability companies。
Registered capital shall not be less than RMB 50 million，All are paid-in monetary capital，One-time payment in full，And the source is authentic and legal；(3) When applying for establishment of a commercial factoring company，There should be more than 2 senior managers with more than 3 years of management experience in the financial field and no bad credit records。
Senior managers refer to managers who hold the position of deputy general manager or above or equivalent positions；(4) Commercial factoring companies are not allowed to operate mixed businesses；(5) Commercial factoring companies should have a complete internal control system，including but not limited to risk assessment、business process operations、Monitoring and other systems；(6) Other conditions stipulated by laws and regulations。
three、Business scope of commercial factoring company：A commercial factoring company may assign accounts receivable that have been or will be incurred from a goods sales or service contract entered into between the supplier and the buyer.，Provide suppliers with all or part of the following services:：(1) Trade financing；(2) Collection, payment and settlement of accounts receivable、Management and collection；(3) Sales account management；(4) Credit risk related to the company’s commercial factoring business；(5) Credit investigation and evaluation；(6) Related consulting services；(7) Other businesses permitted by laws and regulations。
Not allowed to engage in the following activities：(1) Taking deposits；(2) Issue payment for goods or be entrusted to issue payment for goods；(3) Specialize in or be entrusted to carry out collection business unrelated to the company’s commercial factoring business；(4) Trusted investment；(5) Other activities prohibited by national laws and regulations。The periphery is determined as：Investments in non-securities businesses、investment management、consult。
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