Information available by line of business

Some of the benefits of business credit insurance

  • Protect your business - guard against losses that may occur as a result of:

    • your customers becoming insolvent

    • your customers' inability or lack of desire to pay you according to your terms

    • unexpected actions or events that impact your customers, such as:

      • Political intervention

      • currency exchange problems

      • natural disasters

      • acts of terrorism

      • war

  • Increase sales:

    • Safely increase credit limits to existing accounts

    • Open new credit accounts with confidence

  • Increase borrowing base/obtain higher advance rates:

    • Include foreign receivables

    • Include accounts receivable concentrations

  • Add strength to your financial statement

    • Put a real value on your accounts receivable

    • Improve borrowing power

  • Improve and reduce the costs related to your credit management decisions

    • Exchange bad debt reserves for tax deductable protection

    • Reduce fixed costs in your credit department

    • Leverage the experience and global market presence of your business credit insurance underwriters

    • Use your business credit insurance policy as an integral part of a strong credit management process

  • Be more competitive in foreign markets:

    • Reduce the need for letters of credit

    • Guard against political risk

  • Protect and improve cash flow with asset based borrowing