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Chin Fong: Vendor finance for a machine manufacturer

The specialist in metal-forming equipment was founded 1948.

Chin Fong: Vendor finance for a machine manufacturer

The specialist in metal-forming equipment was founded 1948.

Finance

Chin Fong

Chang Hua City Taiwan

Chin Fong: Vendor finance for a machine manufacturer

Chang Hua City,

China

Chin Fong is a key channel partner of Siemens Digital Industries in China.
It sought an effective financing solution for its end customers that would give it a competitive sales advantage.

Siemens Digital Industries and Siemens Financial Services teamed up to offer Chin Fong a customized vendor finance solution that would enable end customers to acquire Chin Fong machinery with affordable monthly payments.

“Siemens has advanced industrial automation techno-logy and customized financial solutions. Our goal is to con-solidate our strengths and maximize busi-ness performance”

Zeng Sheng Ming, General Manager, Chin Fong

Now that it receives faster payment from Siemens Financial Services, Chin Fong can strengthen its customer relationships, win additional business and mitigate accounts receivable risks.
The collaboration intensified Chin Fong’s status as a significant channel partner for Siemens Digital Factory and resulted in increased sales of Siemens components.

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