A Leading Domestic Business Travel Technology Factoring Company Settles in TEDA
Recently, Etrip8 Co., Ltd. established a commercial factoring company in TEDA. The new company will engage in business travel accounts receivable factoring services, further promoting the integration and development of the business travel industry and supply chain finance in TEDA, empowering companies along the industrial chain. Etrip8 is a leading domestic business travel technology operating platform that has partnered with nearly 120 airlines worldwide, serving nearly 800 first-tier agents or TMCs (Travel Management Companies), nearly 3,000 second-tier agents, and nearly 1,000 corporate clients.
“Industry + Finance” is a characteristic financial model created by TEDA based on its solid industrial foundation to deepen the integration of industry and finance. Currently, TEDA has established various “Industry + Finance” models, such as “Infrastructure + Finance,” “Intelligent Manufacturing + Finance,” “Automotive + Finance,” “Energy + Finance,” and “Aviation + Finance.” Up to now, TEDA has attracted the establishment of 11 commercial factoring companies this year, accounting for nearly 70% of the newly established factoring companies in Tianjin.
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