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SINOTRADE LLC
About the Organisation
Sinotade - is a part of international company Sinoglobal. Sinoglobal helps importers from overseas who purchase goods from China to obtain deferred payment terms through the support of Sinosure, Chinas export credit insurance agency. The company guides importers through the process of securing a Sinosure credit limit, enabling them to enter into supply agreements with Chinese suppliers on deferred payment terms. This approach provides greater flexibility in payment arrangements while reducing suppliers risks associated with non-payment. The supplier insures the risk of non-payment with Sinosure, registers the supply contract and ships the goods. If the buyer fails to pay, the supplier can apply for insurance compensation in accordance with the policy terms. Sinoglobal helps importers establish cooperation with Sinosure and leverage trade financing opportunities to support and expand their sourcing operations in China.
Products and Services
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Deferred payment terms
SINOSURE is a tool that enables importers to obtain deferred payment terms directly from Chinese suppliers.The program allows pay for goods 90-180 days after shipment.
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