Q: How not to lose money when sourcing from China?
A: Sometimes the letter of credit states that funds transfer to the seller upon provision of bill of lading (meaning the goods are on the boat and ready to ship). However, if the seller shipped you a box of rocks, you wouldn’t know until after the payment was made. So make sure the terms of the LC protect you and even more important- be sure to conduct your due diligence upfront and have 3rd party inspection in place to ensure the item shipping is what you actually ordered.
Here are some more resources explaining how to source safe:
8 tips guide of importing process from china for newbies
How to find Reliable suppliers to grow your business
6 Things To Remember Before Working With Chinese Suppliers
How To Minimize Risks When Import Products From China
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If you have any more questions about sourcing from China, please do get in touch so we can assist you in getting the right information.
Leeline sourcing company is involved in different sourcing business that will help your company’s grow, and make your international business better.
No matter how big or small your orders are, we will help you source quality and affordable products, and we will ship them directly to you.
• Product Sourcing: With over 10 years experience in this field, our team will keep your mind at peace, and you will be sure that the products are supplied through a responsible supply chain.
• Amazon FBA sourcing service: We offer you Amazon seller services, from product procurement, to brand labeling, quality inspection, packaging services, product photographing and also shipping of products to FBA warehouses. Just tell us what you need, and we will help ship your products to your warehouse at lightning speed.
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