Changing a company's legal address
One such example is our Australian client who altered their company address. As they had applied to Sinosure with company documents that featured different legal addresses, and Sinosure noted this difference and declined to offer a credit limit to the Australian company.
In cases like these, where Sinosure doesn't grant a credit limit in the first instance, it can be a challenge to apply once again and restart the process of being approved.
However, Axton Global made this possible by collating all the required documents that exemplified the company's new address. We then appealed to Sinosure to initiate the credit evaluation process a second time.
This allowed the credit limit to be successfully approved, and the Australian company was granted the credit limit in the end.
Increasing a credit limit value
Following their approval for a credit limit, the company subsequently needed to increase the limit and solicited our services to assist them.
Given that their financial history was not entirely favourable, we requested that they provide indemnification from their parent company. We then applied for an increase in the credit limit and were successful in acquiring $700,000 extra in terms of the Australian company's credit limit.