The seller (customer) sells its (his/her) present or future accounts receivable to the Factor (JIC Leasing) under a factoring agreement to meet its cash needs. A recourse factoring agreement usually has a term of 6 to 12 months.

1.Not limited to equipment financing or subject to collateral requirements.

2.Fast and simple collection of receivables.

3.Enhanced closeness to core industry chains of enterprises.

4.Convenient and flexible financing plans.