For a large synthetic leather order, use a formal contract and a documented payment schedule: the supplier’s stated standard is a 30% deposit to confirm production and the remaining 70% before shipment. For eligible long-term clients or large projects, discuss short-term terms or a final-payment loan of 2–3 months. An irrevocable letter of credit at sight or Alibaba Trade Assurance is also available.
Core Solutions & Key Takeaways
- Confirm the product specification, order value, delivery schedule, inspection requirements, and payment milestones in a formal foreign trade contract.
- For regular bulk orders, the stated arrangement is a 30% deposit followed by 70% before shipment. Samples and small orders may require full advance payment.
- Ask whether an irrevocable letter of credit at sight or Alibaba Trade Assurance fits the transaction. The supplier also lists T/T bank transfer as an accepted method.
- For high-quality cooperative clients, long-term clients, and large-scale engineering projects, short-term payment terms or a final-payment loan of 2–3 months may be discussed.
Detailed Architectural/Principle Analysis
A deposit-plus-balance schedule limits the amount paid before production and ties the remaining payment to the pre-shipment stage. The supplier