Coface trade credit insurance is a powerful tool that combines the information and protection you need to mitigate the risk of non-payment. And, if you do have a loss on an insured account, you will be indemnified according to the terms of your policy.
- Growth in Sales -Trade credit insurance enables you to boost sales by offering favorable credit terms to debtors or prospects. One can also avoid the hassle of using letters of credit when doing business abroad.
- Cash Flow Relief – When debtors become insolvent or are unable to pay bills on time, trade credit insurance provides cash flow relief. Losses can be indemnified, allowing your business to maintain its cash flow.
- Access to Financing - Lenders and financial institutions look favorably on insured receivables.
OUR OFFERS TAILORED TO YOUR NEEDS
Trade Credit Insurance (TCI) is an effective financial risk management tool. It offers coverage for all the losses incurred from non-payment of trade related debts. TCI ensures that your company is not adversely affected by the unforeseen failure of one or more of your debtors. Commonly, TCI provides protection against debtors who are unable to pay due to the following: customer insolvency, protracted default, or political risk.
Coface Global Solutions (CGS) has been specially designed for multinational companies operating anywhere across the globe. Since CGS was launched, it has already won market confidence and support from our brokers and blue-chip multinational clients from a wide range of industry sectors.