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Fox Business

11/16/11 default author logoSmall and medium sized businesses in China are having great difficulty accessing credit and capital. This is directly affecting the retail supply chain as Chinese manufacturers are requesting payments earlier, while their U.S. buyers need more time to pay. Tuesday, CBC’s executive chairman, Andrew Tananbaum, discussed this on Fox Business. To address the Chinese lending environment, CBC has developed a Supplier Early Payment Program to provide manufactures payment upon the shipment of goods and buyers up to 120 days to pay.