What is a tray? Steel Trade Financial Instruments you need to know one of them

What is a tray? In fact, the pallet is essentially a form of financing. In layman's terms, it is: I want goods but the money is not enough, find someone to help me pay, is to find someone to help me tray. The image point is: I want to take this disk, but the money is not enough, can not be picked up, you have to find someone to help me put this disk up, let me take this "disk" little by little, it is called a tray.

The main business model of the pallet company is the steel mill ordering. To put it simply: suppose the price of the steel mill is 5000 yuan / ton, you want to order, but the money is not enough, yu, coincidentally, I as a pallet company, is a lot of money, I help you to find a steel mill to order, I pay the full amount of the steel mill, you pay me a deposit of about 15% to 30% of the payment. When the goods arrive, you will pick up as many goods as you sell at a price of 5,000 yuan / ton from me, and you can finish them within the specified time. Considering the time of storage of the goods and the risk control requirements of the pallet company itself, the time is generally stipulated in 1 to 3 months, and the final delivery of the goods, in addition to the payment for me, but also to pay me the agency fee, this agent fee can be calculated by day, can be calculated by month, can also be calculated by ton, this agent fee is the key to the pallet company willing to "pallet", in addition to the agency fee, if involved in warehousing and transportation and other costs, generally in the end also to the steel trader to pay, if you want to use the acceptance payment, the discount is also to be calculated separately, There are also pallet companies that do not accept acceptance at all.

In fact, there was a relatively hot financing model in the past, called warehouse receipt pledge. If the pallet is no money and no goods, the warehouse receipt pledge is at least "no money but there is goods", it seems to be more reliable than the pallet, but why are there fewer and fewer financial institutions willing to do this business now, this ah, we will talk later!