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What is SINOSURE?
Sinosure is a trade finance tool which helps importers to get 90-120 days trade credits from Chinese suppliers.

Sinosure is China's export credit insurance company, operating since 2001. It insures trade credits from Chinese suppliers to global importers and guarantees that a supplier will receive payment even in case of a buyer’s default. This assurance makes suppliers more willing to extend trade credits to their buyers.
240,000+ Chinese suppliers currently hold Sinosure insurance policies, with many of them exhibiting at the Canton Fair. This ensures you can easily find a supplier willing to work with you on trade credit terms through Sinosure.
How Sinosure can help your importing business
Import Finance Options
With Sinosure insurance, you get trade credits from your Chinese suppliers with no extra fees and long-term approvements.
Business Growth
Using trade credits is the way to manage your working capital, expand inventory, explore new markets, and ultimately achieve growth.
Negotiating Power
With Sinosure's backing, you gain more trust from your Chinese partners and can negotiate more preferable terms.
Buyers from over 100 countries use Sinosure insurance in their supply contracts. Between 10,000 and 30,000 importers in each country are already registered with Sinosure.
7 Steps to start importing from China with Sinosure insurance
Negotiations with suppliers
You negotiate with your supplier whether they are ready to switch your payment terms to an Open Account arrangement with Sinosure insurance coverage. Ensure the supplier either has a valid Sinosure policy or agrees to obtain one.
Sinosure credit limit setup
Your supplier applies to Sinosure by submitting an application form to secure a credit limit for your company and orders with deferred payment terms.

Sinosure credit limit is the maximum amount of trade credits that Sinosure is ready to insure for your company.
Sinosure credit limit approval
Sinosure reviews your company's financial standing and issues a credit limit.
Contract registration with Sinosure
The supplier registers the contract with Sinosure to activate the insurance. Sinosure insures the invoice related to your order.
Production and shipment
The supplier manufactures and ships the goods before receiving full payment from your company.
Payment deferral
You receive the goods with a deferred payment period, allowing you to start selling them or using them in other production processes.
Final payment
Once the 90-120 deferred period ends, you complete the payment to your supplier.
Which buyers qualify for Sinosure credit limit
Financial Standing
At least 1 financial year in operation and profitability.
Turnover
An annual turnover over $1 million in the last financial year.
Credit History
Timely payments to suppliers and no outstanding debts.
Why Sinosure is popular among importers
Largest credit insurer globally
According to the Berne Union, the total insured amount of Sinosure has been continuously ranked top among ECA members since 2015.
Higher credit limits for importers
Since Sinosure is a state-owned insurer with its mission to support exports rather than profit-making, it approves higher credit limits compared to commercial insurers.
Small business support
Sinosure focuses on supporting small businesses and makes its services accessible to small importers with an annual turnover starting from $1 million.
No extra costs for importers
Importers benefit from Sinosure's services without facing additional fees, as the charges are covered by the Chinese suppliers.
Get a free online consultation with our specialist now.