The current shipping logistics industry is in an either best or worst times. Regional trade will nurture huge ocean shipping market, and so many participants can build up a market with tens of billions yuan in trading volume. But up to 3 trillion yuan is still overdue in the domestic market, dampening the prosperous logistics chain. It has been a strategic difficulty for logistics enterprises to obtain liquidity with low cost.
After deeply exploring the customers’ needs, based on Elane’s coordination platform which contains business operation information, the trading/deals information and cash flow information of shipping and logistic companies， we have provided these data to financial institutions hence to support them to do their own assessment of the credibility of those shipping and logistic companies which are facing equity problems but cannot get financial service from the financial institutions traditionally.
Based on Elane’s many products, and the tight and diversified transaction data collected on the coordination trading platform, the service integrates big data mining, advanced statistical analysis and innovative risk control models to provide the enterprise information that can be accepted by the factoring institutions through multidimensional risk verification for micro and small logistics enterprises to apply for factoring service.
At present, many types of logistics enterprises including shipping companies, freight forwarders and Trucking Companeies have benefited from Elane information platform.
