Tag Archives: sourcing from China

Gym Equipment Payment Terms: Structuring Deposits, Balances, and Letters of Credit

Gym Equipment Payment Terms: How Importers Should Structure Deposits, Balances, and Letters of Credit Most Chinese gym equipment factories will quote you 30% T/T deposit and 70% before shipment. That is the standard, and it is not where importers get hurt. The money is lost or protected in the conditions attached to each leg: what […]