The rapid development of exports in China has attracted worldwide attention, but due to policy restrictions, the financial industry including banks, can hardly satisfy the needs of exporters in financial support, especially for small and medium-sized processing enterprises and traders. Contradiction of this provides the space for emergence and development of independent factors (including Chinland, previously known as Teanda) in China.

However，the actual situation of factoring in China is, due to the particularity of China's financial policies, the fixed mode and inertia of China's export, as well as the late emergence of independent factor in China, factoring, especially independent factoring was not quite well known in China, thus it was relatively difficult to carry out business. From this perspective, we can say that there is huge market potential to explore.

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Tianjin Chinland International Factoring Co., Ltd.
May 21, 2010