When placing an order with Hongyi Outdoor Furniture Factory, understanding the payment terms is crucial for a smooth transaction process. Typically, the factory requires a deposit to confirm your order, which is often 30% to 50% of the total invoice value. This initial payment secures production and material costs. The remaining balance is due before shipment or upon completion of the order, depending on the agreement. For added security, especially in international trade, Hongyi Outdoor Furniture Factory may offer payment methods through platforms like Alibaba Trade Assurance, which protects both buyers and suppliers. Common payment options include bank transfers, letters of credit, or online payments, ensuring flexibility and trust. It's advisable to discuss and negotiate terms based on order volume and relationship to align with both parties' needs. Always review the contract details to avoid misunderstandings and ensure timely delivery of your high-quality outdoor furniture.