Trade Credit Insurance for Business:
Trade Credit Insurance protects a business’s largest asset, their accounts receivable, from their customer’s financial inability to pay or bankruptcy.
Insured Receivables Allow A Company To:
Safely expand sales
Enter new markets and insure products knowledgably
Access industry and country risk specialists
Mitigate bad debts
Strengthen lending relationship via enhanced collateral
Augment existing credit practices
Trade Credit Insurance is unique in that it not only covers actual out of pocket losses but also a portion of profit, makes a company more profitable through higher sales and bringing on new customers they might not have without protection, and saves a company money by minimizing bad debt.