Alibaba Group’s B2B e-commerce subsidiary, launched a financing program “e-Credit Line” in January this year to provide Open Account-style financing to China-based suppliers and their international customers regardless of their size.

The extended payment terms offered by Alibaba lasts 60, 90 or 120 days.’s venture relies on its partnership with the Bank of China, OneTouch, an Alibaba-affiliated import/export service company, and the China Export & Credit Insurance Corp. (Sinosure), a government trade-financing agency.

Source:  Business Strategies Group Hong Kong  –