What is Our Payment Terms ?

5 January 16 1,862K 1,862 180 8

Payment Terms.

For about payment terms we usually choose to prepayment . A- Prepayment As you know that ; Raw materials are purchased before every machine production. So that we request a prepayment of 40% from the buyer before start production. .

For Example;

A- Prepayment 40% of total amount before start production and 60% prepayment of total amount when the goods is ready.

B- L/C (LETTER OF CREDIT) We have already used L/C payment term at the past time between our buyers. We only need to talk about Letter of credit conditions with our buyer.

C- WE DONT LIKE TO USE ( AGAINS OF DOCUMENT / AGAINS OF GOODS.) We had lot of problem at the past between our buyer because of those payment terms. This is why the management team does not look that hot.