Alibaba.com’s Payment Terms service allows importers in the US to order products with a small deposit upfront (typically 30% of order value), then pay off the balance (typically 70%) up to 60 days later.
This deferred payment service helps small businesses manage and improve their cash flow instead of having to tie up their capital right from the start.
The application process is simple, quick, and done completely online. There’s no need to submit paperwork or wait weeks for approval as it normally does when small businesses try to get loans approved to finance their product imports.
Keep reading, and learn how Alibaba.com Payment Terms – in this Q&A with Alibaba’s New York City office. Continue reading Everything Importers Need to Know About Alibaba.com Payment Terms