What is Sinosure and How Does it Work for Exporters

Sinosure is a Chinese export credit agency that provides financial support to Chinese exporters. It was established in 1991.

Sinosure offers a range of financial products and services to help exporters overcome payment risks. These products include export credit insurance, loans, and guarantees.

One of the key benefits of Sinosure is that it helps Chinese exporters to expand their business globally. By providing financial support, Sinosure enables exporters to take on more projects and increase their revenue.

Exporters can apply for Sinosure's financial products through a network of branches and partners worldwide. This makes it easy for exporters to access Sinosure's services, regardless of their location.

Sinosure is a Chinese governmental entity that insures China's exports.

It compensates Chinese manufacturers when foreign buyers allegedly default on payments. This essentially subsidizes Chinese companies and can have significant implications for businesses that deal with them.

Sinosure aggressively seeks reimbursement from overseas companies, often hiring debt collectors and law firms to chase foreign companies for money supposedly owed to its insured Chinese manufacturers.

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Sinosure's main products and services are designed to provide financial security for Chinese suppliers and foreign buyers. Their credit insurance protects against non-payment by stepping in to make the payment if the buyer doesn't.

This gives suppliers the confidence to offer credit terms, knowing they're covered if there's a problem. Sinosure's team of debt collection lawyers helps them recover their money if there is an issue.

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Sinosure's credit insurance gives Chinese suppliers the confidence to offer credit terms, knowing they're covered if there's a problem.

Sinosure's team of debt collection lawyers helps suppliers get their money back if the buyer doesn't pay.

Axton Global operates as the intermediary between your import business and Sinosure, streamlining the process of applying for a credit limit.

Axton Global helps clients increase their Sinosure credit limits, negotiate deferred payment terms with suppliers, and arrange the necessary paperwork.

Axton Global has years of experience working with Sinosure, bridging the cultural and financial gap between Chinese exporters and buyers around the world.

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The process of obtaining a Sinosure guarantee is surprisingly quick, typically not delaying transactions. The investigation process to determine an importer's creditworthiness takes about three weeks.

To get started, a Chinese supplier must apply for an insurance policy with Sinosure, if they don't already have one. This is a crucial step in the process.

The supplier then registers the sales contract with Sinosure, which is an important milestone. This step helps ensure that all parties are on the same page.

The buyer must fulfill the initial payment requirement, usually 10% to 30% of the total invoice price, before the exporter starts production and shipping. This payment requirement is a standard part of the process.

Once the shipment arrives, the importer takes receipt of the order and the deferral period begins. This period typically extends up to 90 days, although it may vary.

At the end of the deferred period, the importer pays off the debt owed to the supplier, bringing the process full circle.

As an importer, getting a Sinosure credit limit is crucial for securing trade loans from your Chinese partners.

A Sinosure credit limit is the maximum amount of insurance that ECA is willing to offer an exporter for contracts with a particular importer.

If you have a Sinosure credit limit of $1 million, this means you can get $1 million in trade loans from your Chinese partners, secured by Sinosure.

Sinosure does not engage in direct communication with foreign companies due to China law, making it difficult for importers to get in touch with them directly.

Enlisting the services of a specialized consultancy, like Axton Global, is vital for importers who want to prepare to do business with a Chinese exporter under a Sinosure guarantee.

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Sinosure is very aggressive in its pursuit of debt outside of China. They will hire debt collection agencies to try to collect the debt from you.

If the debt collection is delayed or unsuccessful, Sinosure will transfer the case to a law firm for litigation. This shows that Sinosure is committed to making sure their clients get paid, even if it means taking the case to court.

The first point of contact will generally be Angela Keene, the Senior Collections Specialist from the debt collection agency Brown & Joseph, LLC, located in Itasca, Illinois.

Sinosure is willing to take cases to court, as seen with The Leviton Law Firm. This means you should be prepared to defend yourself in court if Sinosure decides to sue you.

Here are some key points to remember:

It's essential to consult a lawyer who has experience dealing with Sinosure if you're facing a lawsuit from them.

Export credit insurance is a type of insurance that protects enterprises from loss due to commercial or political risks when exporting goods and services from China.

This type of insurance is offered by Sinosure, which provides coverage for up to two years, and is typically used for short-term export transactions.

The cost of Sinosure insurance ranges from 1% to 3% of the credit limit amount, depending on the importer's risk and the terms of the policy.

Sinosure has supported over $6.16 trillion of domestic and foreign trade and investment, and has provided credit insurance-related services for over 240,000 enterprises.

Export credit insurance is a type of insurance that protects exporters from the loss of A/R resulting from commercial risks or political risks when they export goods and services from China.

It's usually offered for a credit period of one year or less, and can be obtained through organizations like SINOSURE.

SINOSURE is a state-funded insurance company that provides export credit insurance against non-payment risks for China's foreign trade and investment cooperation.

As of 2021, SINOSURE had supported over USD 6.16 trillion of domestic and foreign trade and investment, and provided credit insurance-related services for over 240,000 enterprises.

The cost of Sinosure insurance depends on the credit limit amount, the importer's risk, and the terms of the policy, and typically ranges from 1% to 3% of the credit limit amount.

SINOSURE has a comprehensive credit information database that covers over 320 million global enterprises and banks, and has more than 400 information channels at home and abroad.

This helps SINOSURE to effectively serve the national interest by promoting Chinese exports and supporting the construction of the Belt and Road Initiative (BRI).

SINOSURE also provides financing support to Chinese exporters, with nearly 300 banks offering more than RMB 4 trillion of financing for exporters.

To get a Sinosure credit limit, global buyers often need to enlist the services of a specialized consultancy, as SINOSURE does not engage in direct communication with foreign companies.

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The SIC code for SINOSURE is 6411, 64, and 641.

SINOSURE, a Chinese export credit insurance agency, uses these specific codes to classify its activities.

These codes are essential for identifying the industry and activities of SINOSURE, making it easier to understand its role in export credit insurance.

The SIC code 6411 specifically relates to the agency's involvement in export credit insurance for goods.

Sinosure is a Chinese export credit agency that provides insurance and financing solutions to Chinese companies. It was established in 2000.

Sinosure is headquartered in Beijing, China, and has offices in over 50 countries around the world.

SINOSURE's annual revenue was $749.3 million in 2025.

The company's financial performance is a significant aspect of its overall success.

SINOSURE's annual revenue has likely been a key factor in its ability to expand its operations and services.

In 2025, SINOSURE's annual revenue reached a notable milestone of $749.3 million.

This level of revenue is a testament to the company's strong market presence and customer base.

SINOSURE's financial stability has allowed it to invest in new projects and initiatives, driving growth and innovation.

SINOSURE's NAICS code is 524298, 52, 524, 52429, and 5242.

These codes classify SINOSURE under the category of insurance and related activities.

SINOSURE's NAICS codes can be broken down into more specific categories, including 524298 for insurance and reinsurance carriers and 52 for insurance carriers.

The NAICS codes for SINOSURE are a way to identify and categorize the company's business activities.