Key Ways Indonesian Businesses Obtain Short-Term Trade Credits from Suppliers backed by a Sinosure Guarantee

by Axton Global
sinosure
Indonesia's GDP per capita has grown significantly over the past 20 years. It is, in fact, five times bigger than it was 20 years ago. Alongside Indonesia's economic growth, not only have the country's imports from China grown, but the demand for easy-to-use, handy financial tools – such as the Sinosure tool – have grown as well.

Indonesia and the Belt and Road Initiative
The country is a critical part of the Belt and Road Initiative (BRI), which continues to develop and grow. Alongside this development, the trading relationship between China and Indonesia also improves. This relationship hasn't only strengthened, it has thrived, and the result of this relationship has led Indonesia-based companies to receive more and more backing from companies in China that partake in the BRI.
Sinosure: the mainstay of the BRI and prosperous trade
With Sinosure being both the mainstay of the Belt and Road Initiative and the largest credit insuranse corporation in China, Indonesian businesses continue to prosper.

Sinosure, also known as the China Export and Credit Insurance Corporation, was set up by the government in China to bolster foreign trade. Today, it is supporting economic cooperation, as well as issuing export insurance for Chinese companies who supply goods, technology and services. It is also used to back overseas investments.
With Axton Global, companies located in Indonesia can procure and agree to deferred payment terms with Chinese suppliers by using the practical Sinosure credit insurance tool. Get granted a credit limit with your supplier and receive the ability to defer the payment of your imported goods for 90 – 180 days. For more information visit our homepage or book a consultation.
What is the Sinosure short-term credit insurance tool
The Sinosure short term credit insurance tool facilitates the process of assisting companies to receive improved repayment terms from Chinese suppliers. The tool enables businesses to postpone their payments to suppliers for between 90 to 180 days effortlessly with a credit limit issued by their supplier, backed by a Sinosure guarantee.
How short-term credit insurance is benefitting Indonesia-based companies
Short-term credit insurance offers companies in Indonesia a vast range of benefits. The critical benefit is that once approved for a credit limit with your Chinese supplier, you can receive postponed payment terms and then make payment once the deferred period has finished. Getting deferred payment terms is determined by a credit limit approval.
What is a credit limit and how can Indonesia-based companies obtain one?
Credit limits issued by your Chinese supplier are the maximum amount of trade loans provided by Chinese suppliers under the Sinosure insurance agreement.
If you would like to be considered for a credit limit, you will need to be evaluated and undergo a credit investigation. You will then obtain a credit rating, which will be arranged with your supplier.
Does your company import products from China? Axton Global is the fastest way to get approved for your short-term trade credit. Get approved in a fast and stress-free way and let Axton Global's insurance consultancy services carry out the hard work for you. Book a free consultation with our professionals to discover more.

We help importers from all over the world to improve their trading terms with Chinese suppliers and extend payments to the supplier for 90 to 180 days using the Sinosure credit insurance tool

We help companies to obtain a new Sinosure credit limit, increase existing credit and provide comprehensive consulting services regarding Sinosure credit insurance
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