How Sinosure Works
Importer
You (the importer) apply for a Buyer ID and credit limit through Sinosure-registered exporters
Exporter (Sinosure-registered)
Your Chinese supplier holds a Sinosure policy and requests credit approval for your company
Sinosure Policy
Sinosure reviews your credit, approves a limit, and insures the transaction against non-payment
Result: You receive 90–120-day payment terms while your supplier is protected by insurance, creating a win-win trade relationship.
Eligibility & Documents
Who Qualifies?
- Registered businesses in the U.S. or Canada
- Verifiable business operations and trade history
- Credible trade projections (for new importers with limited history)
- Working with Sinosure-registered Chinese exporters
Required Documents
- Business registration certificate
- Company ownership structure chart
- Financial statements (last fiscal year)
- Trade references from suppliers or customers
- Bank reference letter
Timeline
Typical Timeline: 7–21 Days
The approval process varies based on document completeness and exporter cooperation
Days 1-3: Document Submission
Gather and submit all required documents
Days 4-10: Credit Review
Sinosure reviews your company profile and creditworthiness
Days 11-21: Approval & Setup
Receive Buyer ID, credit limit, and begin trading on insured terms
Note: Timeline may be shorter for established importers with complete documentation or longer if additional information is required.
Costs
Fee Structure
Sinosure insurance premiums are typically borne by the exporter as part of their export credit insurance policy. As the importer, you generally pay:
- Normal trade fees: Standard costs associated with your purchase orders
- No direct Sinosure premium: Insurance costs are usually included in the exporter's policy
- Hespor Finance service fees: Transparent fees for registration assistance and coordination (discussed during consultation)
Important: Fee arrangements are negotiated per deal and depend on your supplier relationship, order volume, and credit terms. We provide full transparency during the consultation process.
Ready to Get Started?
Start your Sinosure registration today and unlock 90–120-day payment terms for your imports