SINOSURE Credit limit
for buyers

Improve your cash flow and get your payment
to your supplier in China deferred for 90 to 180 days,
with the China Export Credit Agency (SINOSURE)
insurance
.
Get a free consultation now.
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What is Sinosure?

Sinosure is a state-owned Chinese export credit insurance corporation. Sinosure insures Chinese suppliers against credit and political risks in international trade. If your company becomes financially insolvent, Sinosure guarantees the supplier payment under the contract.

If your company has a Sinosure credit limit, you can get a deferred payment from your supplier for a period of 90, 120 or even 180 days.
How it works
1
Documents
You provide us with your company's financial documentation. Our team carries out a set of documents on your company and sends it to SINOSURE to have your credit limit approved.
2
Credit investigation
SINOSURE investigates your company before it can issue you with a credit limit.
The credit investigation procedure takes 21 days.
3
Signing the contract
You sign a sales contract with your supplier deferring payment terms for 90-180 days.
4
Credit limit booking
The Supplier books the credit limit (or part of the credit limit) to be able to use it. Your credit limit could be used with multiple suppliers – at least $100,000 with each supplier.
5
O/A shipment
The Supplier sends you the goods without prepayment. You only pay a deposit for the goods (10%-30% of the order), the balance should be paid within 90-180 days of shipment.
6
Payment
You pay for the order within 90 - 180 days of the shipment under the sales contract you made with your supplier. The trade credit is insured by SINOSURE.

Steps to getting your credit limit approved

1
Preliminary check
Send us your company's financial statements for the previous 2 full years and the past months of the current year. Our team will calculate the credit limit that could be approved for your company.
We make no charges for this step.




1-2 days
2
Signing a service contract
Your company signs a service contract with us and hires us to arrange a credit limit for your company

Additional step:
If you want to confirm SINOSURE terms with your supplier in China, our team can do it for you. We have an office in China and team members speak fluent Chinese.

2-3 days
3
Credit report preparation
Our team of specialists carries out a set of documents to ensure that your company will get through the Sinosure credit investigation procedure successfully.
You pay the credit investigation fee only.





2-3 days
4
Credit limit approval
We initiate the credit investigation procedure and help you to pass the credit investigation successfully to get your SINOSURE credit limit approved.
You pay our service charge only after your SINOSURE credit limit has been approved.




21 days

Workflow
To get deferred payment terms with your supplier, you must complete the following steps.
  1. Send us the documents needed for the credit investigation.
  2. Our team arranges to get your SINOSURE credit limit approved.
  3. SINOSURE investigates your company and issues the credit limit.
  4. Your Supplier books your credit limit to use it for OA shipments.
  5. The Supplier makes a shipment on deferred payment terms.
  6. You receive your order and pay within 90-180 days of the shipment.

What is a Sinosure credit limit?

A SINOSURE Credit Limit is an official electronic document confirming the credit limit established for your company. Credit limit means the maximum amount of trade credit that Chinese suppliers can give you under SINOSURE insurance. The document, which is verified by Sinosure's digital seal, contains an electronic certificate from China Financial Certification Authority.

The document contains the following information
• Your company ID in Sinosure
• Your credit limit
• Credit period (days)
• Your company name
• The name of your supplier (optional)

SINOSURE credit limit allows your company to negotiate deferred payment terms for 90 to 180 days with your Chinese supplier. If your company fails to pay for the order, SINOSURE will make the payment to your supplier.

Which companies qualify for credit?
USD 100,000

Minimum applicable credit limit in Sinosure.
1 year

To qualify for a Sinosure credit limit, your company must have existed for at least one financial year.
Turnover

Your company must have achieved an annual turnover of more than USD 1 million in the last financial year.
Good image

If your company showed a loss in the last financial year, or if you failed to pay any of your suppliers in China, you do not qualify for the credit limit.
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Contact us
Speak with us about your organization's needs. Fill the form and our manager will contact you shortly.
Axton Global International Sales
+1 (628) 271-0208
New York, NY
99 Wall Street #3009
New York, NY 10005
+44 33 00272003
Axton Global Headquarters

+852 2127 0773
info@axtongl.com
Suite C, Level 7, World Trust Tower, 50 Stanley Street, Central, Hong Kong
Axton Global Shanghai Office
188 Jiangning Road , Shanghai, China
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