Our Solution:We conducted an in-depth analysis of their procurement system and the specifics of each relationship to identify the best candidates for SINOSURE credit limits. To achieve the client's objective, we
implemented a dual-system approach using SINOSURE and PICC.*.
The Results- Approved Credit Limits: USD$ 750 000
- Payment Terms: successfully secured 60-day payment deferrals.
- Strategic Partnership: long-term cooperation with consistent re-engagement for new vendors.
Following the successful transition of existing suppliers to deferred payment terms, the client has repeatedly re-engaged us to secure credit limits for their new vendors.
The move away from a prepayment-based model significantly enhanced the client’s liquidity position. By releasing vital funds from the procurement cycle, we empowered the organization to allocate resources toward long-term strategic development.