Import - Export financing
The complexity of exporting from Europe to China, an experience shared by many of our European partners, along with our deep knowledge in the field give us the opportunity to introduce a unique solution. We turn letters of credit into cash – more explicitly, into direct TT payments.
We offer solutions for Chinese buyers to import their vehicles. From identifying the right suppliers through the financing of the L/Cs to professionally exporting the vehicles to China, we ensure that these purchases are managed in an environment of transparency and trust.
10 million Euro investment
An investment of 10 million euro to finance our China-Europe partnership project created the potential of financing approximately 200 vehicle units on a monthly basis. Through knowing virtually all car dealers across Europe and having an excellent reputation in customer service, Schemnitz can reliably turn the Chinese LCs into TT payments, thus enabling European exporters to manage their cash flow more efficiently. A service offered by few, but sought by many.