OA Payments

Holyale group is a world-class sourcing company since 2002.

We provide OA $200,000-$1,000,000. It is also related to the amount of contracts we have completed. We will provide you with the credit insurance service to reduce the financial pressure cash flow of your business. You can receive the goods first with a small deposit and pay off according to the predetermined payment date. If your company has a Sinosure credit limit, you can obtain a payment deferment of 90 or 120 days from your Chinese supplier,during these 90-120days we will pay the balance to suppliers


1:Sinosure Onboarding
Your company needs to be registered in the Sinosure Database (Sinorating) to receive a Sinosure ID. Sinorating will also provide a credit report on your company, which is necessary for the credit check process.

 

2:Credit Limit Application
sinosure’s Underwriting Department will review your company’s details and issue a credit limit.Sinosure will inform us whether the company has accepted the offer and the corresponding insurance fee.

3: buyer’s order and deposit
After obtaining authorization from Sinosure, please provide us with the order details. Once we receive the deposit you have paid, we will coordinate with various suppliers to complete all export steps: including sample confirmation, order confirmation, delivery time, product quality control, photo inspection, export customs declaration, collect goods, container loading, and transportation to your country

4:Shipment
Our company first advances funds to the supplier, and then ships the goods to the customer. The credit insurance company underwrites the insurance. Once there is a risk situation, our company reports it to the credit insurance company for compensation.

5:Payment
Your company will then have 90-120 days post-shipment to settle the payment. The credit limit is revolving, meaning it becomes available again for use immediately after you’ve paid for the previous order.