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CoatTech Now Accepts Irrevocable Letters of Credit
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CoatTech Now Accepts Irrevocable Letters of Credit

2026-09-17
Latest company news about CoatTech Now Accepts Irrevocable Letters of Credit

for Spray Booths & Coating Lines in Africa

GUANGZHOU, CHINA — September 17, 2026

 

 

CoatTech Intelligent Equipment (Guangzhou) Co., Ltd, a Guangzhou-based manufacturer of spray booths, paint baking rooms, water curtain spray systems and industrial coating lines, has confirmed that it now supports irrevocable documentary Letters of Credit (LC) for African distributors, furniture factories, automotive refinishers and industrial equipment importers.

The update is especially relevant for buyers in Ghana, Nigeria, Kenya, Tanzania, Ethiopia, South Africa, Egypt and other African markets, where bank-financed factory projects often require LC payment instead of advance TT.

CoatTech LC Terms for Africa Buyers

Key Term

CoatTech Standard

Credit Type

Irrevocable Documentary Credit

Payment

At Sight

Rules

UCP 600 (ICC)

Trade Term

FOB Guangzhou / FOB Shenzhen / FOB Nansha

Documents

Commercial Invoice · Packing List · Full Set Clean on Board B/L

Bank Review

Reviewed by CoatTech's bank International Department



Exclusions

No uncontrolled 3rd-party inspection · No direct docs to applicant · No insurance doc under FOB

 

Why This Matters for African Spray Booth Buyers

· Many African buyers cannot pay 30%–50% deposit by TT because their project is financed by a local bank.

· Ecobank, Absa, Stanbic, UBA, Zenith and other regional banks often require an LC before releasing funds.

“If your bank finances the project, we can work with an irrevocable LC — but the LC must be clean, bank-reviewed and insurable.”

— Mr. Tim, Overseas Marketing Manager, CoatTech

Equipment Covered

· Water curtain spray booth

· Spray-and-bake paint booth

· Automotive spray booth

· Furniture spray finishing room

· Industrial liquid painting line

· Powder coating line

· Overhead electric retractable shelter for painting area

· Riello-heated baking systems · PLC/VFD controls · explosion-proof extraction

 

CoatTech Export Capability

CoatTech designs and manufactures intelligent coating equipment for automotive, furniture, metal fabrication, machinery and industrial finishing plants. The company exports to North America, Europe, the Middle East, Southeast Asia and Africa, and provides OEM/ODM engineering, container-packaged delivery, PLC control integration, and remote commissioning support.

African buyers can now request:

· LC-compatible proforma invoice

· FOB Guangzhou quotation

· Bank advising details

· Technical drawing package

· Sinosure-supported export credit structure

สินค้า
รายละเอียดข่าว
CoatTech Now Accepts Irrevocable Letters of Credit
2026-09-17
Latest company news about CoatTech Now Accepts Irrevocable Letters of Credit

for Spray Booths & Coating Lines in Africa

GUANGZHOU, CHINA — September 17, 2026

 

 

CoatTech Intelligent Equipment (Guangzhou) Co., Ltd, a Guangzhou-based manufacturer of spray booths, paint baking rooms, water curtain spray systems and industrial coating lines, has confirmed that it now supports irrevocable documentary Letters of Credit (LC) for African distributors, furniture factories, automotive refinishers and industrial equipment importers.

The update is especially relevant for buyers in Ghana, Nigeria, Kenya, Tanzania, Ethiopia, South Africa, Egypt and other African markets, where bank-financed factory projects often require LC payment instead of advance TT.

CoatTech LC Terms for Africa Buyers

Key Term

CoatTech Standard

Credit Type

Irrevocable Documentary Credit

Payment

At Sight

Rules

UCP 600 (ICC)

Trade Term

FOB Guangzhou / FOB Shenzhen / FOB Nansha

Documents

Commercial Invoice · Packing List · Full Set Clean on Board B/L

Bank Review

Reviewed by CoatTech's bank International Department



Exclusions

No uncontrolled 3rd-party inspection · No direct docs to applicant · No insurance doc under FOB

 

Why This Matters for African Spray Booth Buyers

· Many African buyers cannot pay 30%–50% deposit by TT because their project is financed by a local bank.

· Ecobank, Absa, Stanbic, UBA, Zenith and other regional banks often require an LC before releasing funds.

“If your bank finances the project, we can work with an irrevocable LC — but the LC must be clean, bank-reviewed and insurable.”

— Mr. Tim, Overseas Marketing Manager, CoatTech

Equipment Covered

· Water curtain spray booth

· Spray-and-bake paint booth

· Automotive spray booth

· Furniture spray finishing room

· Industrial liquid painting line

· Powder coating line

· Overhead electric retractable shelter for painting area

· Riello-heated baking systems · PLC/VFD controls · explosion-proof extraction

 

CoatTech Export Capability

CoatTech designs and manufactures intelligent coating equipment for automotive, furniture, metal fabrication, machinery and industrial finishing plants. The company exports to North America, Europe, the Middle East, Southeast Asia and Africa, and provides OEM/ODM engineering, container-packaged delivery, PLC control integration, and remote commissioning support.

African buyers can now request:

· LC-compatible proforma invoice

· FOB Guangzhou quotation

· Bank advising details

· Technical drawing package

· Sinosure-supported export credit structure

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