How Want Want funds its distributors
Feb 24, 2014
CASE STUDY: Shell China's new supply chain financing strategy
CMB extends flexible revolving credit to Shell’s lubricant distributors screened by the multinational.The funds offer these trading companies shunned by mainstream banks cheap financing - but with strings attached.
To help its distributors braving China’s tough lending market, Shell China has teamed up with China Merchants Bank (CMB) to offer a flexible revolving credit facility to hundreds of its oil lubricant distributors.
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