Secured a $1.5M SINOSURE Credit Limit and 90-Day payment terms for a UAE Industrial Equipment Leader
Secured a $1.5M SINOSURE Credit Limit and 90-Day payment terms for a UAE Industrial Equipment Leader
-
Fakhri Brothers
Air conditioning and fire fighting products
- Before:
$0 credit limitAfter:
+ US$1.5M - Before:
100% prepaymentAfter:
+ 90 day payment terms - Before:
cash locked in prepaymentsAfter:
+ scaled procurement
Fakhri Brothers is an engineering and trading company specializing in HVACR (Heating, Ventilation, Air Conditioning, and Refrigeration) solutions and industrial equipment. Since its establishment, the company has built a strong reputation as a reliable provider of high-quality components and comprehensive engineering services for residential, commercial, and industrial sectors.
The Challenge
The primary objective was to overhaul the client’s procurement strategy, transitioning from a rigid 100% cash-in-advance system to a flexible, credit-based model. This was a particularly complex undertaking due to the client's intricate operational structure, which involves managing a vast and diverse network of multiple suppliers simultaneously.
Our solution
Our team provided comprehensive advisory support to prepare the client for onboarding into the SINOSURE ecosystem, overseeing the entire process and consulting their partners. We faced an initial challenge because the client’s purchases were irregular and split across multiple suppliers, making it difficult to prepare the credit limit applications. However, we successfully helped structure these transactions and engaged with each supplier to guide them through Sinosure’s requirements and operational procedures.
Results
The Challenge
The primary objective was to overhaul the client’s procurement strategy, transitioning from a rigid 100% cash-in-advance system to a flexible, credit-based model. This was a particularly complex undertaking due to the client's intricate operational structure, which involves managing a vast and diverse network of multiple suppliers simultaneously.
Our solution
Our team provided comprehensive advisory support to prepare the client for onboarding into the SINOSURE ecosystem, overseeing the entire process and consulting their partners. We faced an initial challenge because the client’s purchases were irregular and split across multiple suppliers, making it difficult to prepare the credit limit applications. However, we successfully helped structure these transactions and engaged with each supplier to guide them through Sinosure’s requirements and operational procedures.
Results
- US$1.5 million credit limit approved by SINOSURE
- 90-day payment deferral terms granted
- By transitioning away from advance payments, we successfully optimized the client’s cash flow and released vital funds that were previously tied up, empowering them to reinvest in their core business development
Disclaimer:
The final decision on any credit limit remains solely at the discretion of SINOSURE. Axton Global provides consulting services aimed at ensuring the accuracy and completeness of submissions to SINOSURE, but does not alter client financial data or influence underwriting decisions. Our role is to eliminate procedural inefficiencies and ensure that applications are evaluated on their true merits. SINOSURE’s credit limit decisions are independent and not subject to external influence.
Request a free consultation to get more information, receive a credit limit calculation for your company, and understand whether this solution is right for your business.
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Axton Global is an international consulting company helping importers worldwide secure trade credit terms with Chinese suppliers.
We serve customers from 82 countries across 5 continents.
info@axtongl.com
We serve customers from 82 countries across 5 continents.
info@axtongl.com