The Benefits
Commercial credit insurance can be a valuable tool for managing your trade receivables. In today's dynamic business environment, companies like your own are under constant threat from the loss caused by the bankruptcy of a key customer. Even the best credit management cannot guarantee payment. By insuring your accounts, your payments are covered.
With your policy, you can:
- Protect your accounts receivable from loss due to insolvency or nonpayment
- Reduce reserves by creating a safety net against bad debt write-offs that could impact bottom-line earnings and equity
- Enhance receivables to create lending-insured collateral-an important feature for banks
- Supplement your credit management with third-party evaluations of your customers' credit risk and market monitoring of the countries and industries where you trade
When investing in a credit insurance policy, there are a number of factors you must consider:
- Type of policies
- Policy structure
- Additional policy features
Saturday, July 12, 2008
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment