Canadian Companies and Sinosure: How Businesses Obtain Supplier Trade Credit
by Axton Global
Canada is the 10th largest economy on the globe. The country's total imports from China are significant and in 2025 the total import value was 66 billion USD, as stated by the UN COMTRADE database. Specifically, Canada's imported goods from China include $18.8 billion in electronic equipment, $13.6 billion in machinery and tools, $4.26 billion in furniture and electronic signs, $3.1 billion in plastics and $4.7 billion in textiles and apparel.
Canadian importers, however, face challenges due to finance gaps. There is a growing requirement for trade credits for Canadian companies. But with Sinosure's short-term credit insurance, such companies are well-supported. Here we will explain SINOSURE working process.
Canadian importers, however, face challenges due to finance gaps. There is a growing requirement for trade credits for Canadian companies. But with Sinosure's short-term credit insurance, such companies are well-supported. Here we will explain SINOSURE working process.
If your company imports goods from China, Axton Global provides comprehensive consulting services on how to obtain supplier trade credit. Allow Axton Global’s consulting services to help you navigate the process efficiently and understand the requirements involved. Book a consultation with our experts to learn more.
What is meant by short-term credit insurance?
When we use the term 'short-term credit insurance' this refers to insurance that backs a trade credit obtained from a Chinese supplier for a short period. Short-term credit insurance is beneficial for Canada-based importers and Chinese suppliers, letting importers defer their payment for up to 120 days and guaranteeing that Chinese suppliers receive payment for their goods.
What is a Sinosure granted credit limit?
Credit limits represent the maximum volume of deferred payment provided under the SINOSURE insurance guarantee. To be considered for a credit limit, Canadian importers undergo evaluation and a credit investigation with the insurance company. Subsequently, they are assigned a credit rating, which is then coordinated with the supplier.
If you are a company in Canada that trades internationally and imports goods from China, we can assist you in streamlining your international trade. Book a consultation for free to get more information.
We help importers from all over the world to improve their trading terms with Chinese suppliers and extend payment terms to 90 or 120 days.
We provide comprehensive consulting services regarding trade credit insurance.
Our Services
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- Sinosure credit assessment and credit limit approval process to secure supplier trade credit.
- Advisory on Sinosure-related matters and structuring of complex supplier trade credit transactions.
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