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Alibaba's E-Credit Line - GAMECHANGER!

Discussion in 'BlackHat Lounge' started by Grinch, Feb 25, 2014.

  1. Grinch

    Grinch Regular Member

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    Just found out that Alibaba now has an e-credit line!

    This means no more scraping for startup cash and now you can actually start your retail.

    I'm very excited about this, what are your thoughts on it BHW?

    Pros? Cons?

    EDIT:

    Found something that might be a problem for most people

    For any credit limit the following criteria apply:
    1) Your company has been established for longer than 1 year;
    2) Your annual trade volume exceeds US $500,000;
    3) You are in our service area. Please see full list of service areas at http://credit.alibaba.com.
    4) e-Credit Line can only be used to purchase goods from Mainland China.
     
  2. ice_jay2000

    ice_jay2000 Registered Member

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    Thanks for the info, what was the problem you found?
     
  3. tanger69er

    tanger69er Junior Member

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    I'm guessing under application requirements: