What is Sinosure? A Complete Guide for Importers (2025)

Overview of Sinosure

Sinosure (China Export & Credit Insurance Corporation) is China's official export credit insurance agency, established in 2001. As a state-owned enterprise, Sinosure provides insurance and financing solutions to support Chinese exporters in international trade.

With over USD 1 trillion in annual insured trade volume, Sinosure is one of the world's largest export credit agencies, facilitating trade between China and more than 200 countries and regions.

How Sinosure Works

Sinosure provides export credit insurance to Chinese suppliers, protecting them against the risk of non-payment by foreign buyers. This insurance coverage enables suppliers to offer extended payment terms (typically 90-120 days) to approved international importers.

The process involves buyer registration, credit assessment, policy issuance to the exporter, and ongoing monitoring of trade transactions. Hespor Finance facilitates this process for U.S. and Canadian importers.

Benefits for Importers

• Improved Cash Flow: Pay 90-120 days after shipment instead of upfront
• No Collateral Required: Unlike traditional financing, no assets need to be pledged
• Competitive Advantage: Negotiate better terms with Chinese suppliers
• Scalable Growth: Import more inventory without tying up working capital
• Risk Mitigation: Trade with verified, insured suppliers

Eligibility Requirements

To qualify for Sinosure-backed payment terms, importers typically need to meet the following criteria:

• Annual revenue of $500K or more
• At least 1 year in business
• Positive cash flow and clean credit history
• Established relationship with Chinese suppliers
• Located in an approved country (U.S., Canada, and others)

Getting Started with Sinosure

The process of accessing Sinosure-backed trade credit involves several steps, from initial registration to ongoing trade facilitation. Hespor Finance specializes in guiding importers through this process, handling documentation, supplier coordination, and credit limit applications.

Ready to explore Sinosure-backed payment terms for your business? Contact Hespor Finance to assess your eligibility and begin the registration process.