Obtained multiple SINOSURE credit limits for a US kitchen utensils distributor
Obtained multiple SINOSURE credit limits for a US kitchen utensils distributor
-
Smashcommerce
Kitchen utensils and small appliances
- Before:
no prior cooperationAfter:
>4 years of cooperation - Before:
100% prepaymentAfter:
+ Payment terms - Before:
no credit limitAfter:
+ multiple credit limits
Smashcommerce US-based company, supplies high-quality, modern kitchen utensils and small appliances. The company focuses on combining European-inspired aesthetics with practical functionality.
The Challenge
The goal was to replace a prepayment procurement model with a versatile credit solution. This was an ambitious project, specifically because it involved harmonizing financial terms across a vast array of diverse vendors within the client's intricate organizational structure
Our solution
Our team delivered a comprehensive, end-to-end guide to the client for preparing for the SINOSURE onboarding process. We also identified that several more of their suppliers meet the requirements to apply for a credit limit.This opportunity could grant the client significantly more financial leverage than originally anticipated.
Results
The Challenge
The goal was to replace a prepayment procurement model with a versatile credit solution. This was an ambitious project, specifically because it involved harmonizing financial terms across a vast array of diverse vendors within the client's intricate organizational structure
Our solution
Our team delivered a comprehensive, end-to-end guide to the client for preparing for the SINOSURE onboarding process. We also identified that several more of their suppliers meet the requirements to apply for a credit limit.This opportunity could grant the client significantly more financial leverage than originally anticipated.
Results
- Unlocked additional credit capacity: SINOSURE approved multiple credit limits for the client's suppliers.
- Payment deferral terms successfully granted
- Long-term cooperation with the client - more than 4 years
- Strategic cash flow optimization: Transitioning away from advance payments enabled the client to release vital funds previously tied up, empowering them to reinvest directly into 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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Contact Us
Book a free online consultation with our specialist.
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