Benefits of Credit Insurance | |
Protects a business from unexpected and catastrophic bad debt losses The majority of companies derive 80% of their business from 20% of their customers. In the event that a large account is unable to pay or becomes insolvent, the potential loss could be detrimental to the company.Enhanced Bank Financing Banks may provide higher margining on your domestic accounts receivable and financing for your export receivables |
Improved Credit Management Receive unbiased, third party Credit opinions on your customers.Reduce your credit investigation costs and ensure sound credit management procedures. Increased Sales Businesses can increase credit limits to new and existing customers and expand into new markets with greater security when Credit Insured. |