Finance, Loan and Credit Card ? Test water Zoomlion foreign loans ...

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Intermat exhibition in Paris recently Zoomlion Booth Australian architect and Zettelmeyer (20.99,0.00,0.00%) Finance leases (Australia) Ltd has signed a financial lease, the contract sum of about 70 million Australian dollars. Zoomlion delivered, the other required 43 feet of his car.

It is understood that in March, the company Zoomlion Zoomlion finance leases Sun (Australia) Ltd has been since the creation of a signed contract, will Zoomlion in victory No. 1 overseas leasing document is also machine companies of China?s overseas signing the first single rental company. 5 15, at the Sheraton Hotel in Changsha, Zoomlion Deputy President and Chief Financial Leasing CEO Wanjun the ?Securities Daily? told reporters the company is just ?kill children?, now a second tranche by EUR 1.3 million Australian dollars on the contract to do, ?describes the kind.? The market for international liquidity bottleneck Zoomlion to test the waters abroad the amount of the financing contract leasesAlthough is not large, but in the past, Zoomlion If you must provide the leasing by a local third-party companies. According to the agreement of the Chamber of Commerce building in Brisbane, Australia to find premises in cases of proxy Zoomlion, and representatives of local leasing companies, both sides, to provide services to the business person who runs the company. But under the impact of current financial the crisis, liquidity crisis, so the local leasing companies to look hard, it would miss a sale. In March of this year the new finance leases Zoomlion (Australia) Limited has changed the traditional business processes. This early this article appeared in the scene. Wanjun that this is a native of leasing Chinese companies signed the first contract abroad lease marks the beginning of Chinese enterprises through lease financing Standing on the financial crisis in western industrialized countries the mobile market sex. Most Machines International Construction Markets are financial leasing, Zoomlion implement the international strategy, especially the sale when the acquisition last year of CIFA Italian company, the target country to use a leasing company independent third party financial, but ?invaders? of meaning. How Zoomlion brand awareness and market in the context of reservations international is much lower than CAT, elephants, Terex and other traditional first-line brand, local financial leasing companies may be in the United residual value of equipment not to assess the residual value of a design rental program and prices of key factors that are independently a third-party leasing party refused to provide funds or engaged in joint rental services or demand higher while the financial crisis and funding contraction leasing companies abroad out of the economy. This makes credit sales related to a competitive disadvantage

. ?System Credit Bank of high and low-cost financing to to achieve the integrity of the network marketing, cross selling, the verdict brought to market. ? Wanjun in the common list to start at home and abroad, their own three advantages of leasing companies that have affected the West by the financial crisis, market liquidity if odd narrow target countries the most important their own leasing companies ?imminent?. This will be combined with strong financial capacity of the Greater China and the Chinese financial system with ample liquidity used as everyday products in foreign sales provide strong financial support, how the process of internationalization Zoomlion the actuator.

Wanjun

that ?to promote the sale of finance lease on innovative financial instruments.? Finance leases, in particular the Department of financial leasing companies, customers with more flexibility than banks, more individual financial services, such as the matching of cash flows to customers, project construction and progress .

This highly personalized financial services can provide a big boost sales in 2008 will Zoomlion to finance only a modest start trying after the second year of the lease, the leasing products marketed by the total reached $ 24 billion , accounting for all of about 18% of total sales, profit was 60 million yuan. 1.4 billionReplenishment plans and fundraising for the leasing company?s financial year in March, Zoomlion by wholly owned subsidiary of Zoomlion (Hong Kong) Holdings Limited, a wholly owned subsidiary of Zoomlion Leasing (Hong Kong) Co., Ltd has invested $ 80 000. 000 again in the rental of a joint Department of Finance (China) Limited, responsible for leasing based in China. At the same time to prepare for the target Zoomlion the foreign market, Zoomlion Leasing (Hong Kong) Limited has funded the establishment of a finance lease Zoomlion (Australia) Limited, a finance lease Zoomlion (Russian) Co., Ltd, and Italy booming, India, Brazil, South Africa, the construction of leasing companies. 4 21, and fundraising Zoomlion 5.6 billion expected that non-public presentation of plans, including finance leases 1.4 billion global service system, used to start Zoomlion Leasing (Hong Kong) Limited Capital. Man Kwan pointed out that Hong Kong as a global financial center for the future operation of the company leasing multi-currency, lower capital costs but also help provide order to reduce the risk of currency mismatch for the coverage needed to eliminate. Zoomlion future lease payments (Hong Kong) Zoomlion investment as finance leases its headquarters and limited the consolidated financial statements and operational leasing in the U.S. now? Beijing engaged in the construction of connection (7.18,0.00,0.00%) Leasing Co., Ltd. will gradually fade. Man Kwan pointed out that technology investments are products of high unit value, versatility and easy and basically does not need fixing in the building, recovery easier, these qualities are also rental -Funding for this quality assurance of goods may maintain the measures of funding. ?finance lease is also an important source of profits and smooth tool for economic recovery.? Wanjun think. According to the report

is the financial leasing company, a source of profit for the first dissemination from banks or other financial institutions for assets in support of the ABF finance charges and interest to the customer the difference between renting between the bank or other financial institutions in the financial leasing company leased asset control capacity management and risk and willingness to less funding available depending on the other management fees, the equivalent of banks in the world of business income is the third largest re-equipment of the recovery, the first of selling

Source: http://thedarkwand.com/test-water-zoomlion-foreign-loans-signed-the-first-single-leasing-constr.html

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