▎Credit Audit

Credit audits evaluate your potential supplier in terms of the company's financial standing and credit, analyzing the commercial risk accordingly. Visiting the supplier is not required in this audit, but company information and figures are collected from official databases, including local Industry and Commerce Administration Bureau, court, financial institutions etc.

If you require a financial analysis of the factories that you are buying from, we recommend that you use our Credit Audit. Though this audit is performed without visiting the factory site, the report will be quite helpful for you to select a trustworthy supplier, because this investigation is based on the official database and credit rating analysis from banks and tax bureau of the local government.

The below aspects are included in a Credit Audit:

▎Registration & Ownership

▎Key Executives

▎Industrial Comparison

▎Operation

▎Payment Record

▎History

▎Key Financial Figure and Ratio in the past 3 years

▎Banking

▎Sales and Purchase

▎Credit Rating Analysis