Credit insurance makes sure invoices will be paid and allows companies to reliably manage the commercial and political risks of trade that are beyond their control.
How does credit insurance compare to factoring, letters of credit, and bad debt reserves?
A trade credit insurance policy allows companies to feel secure in extending more credit to current customers, or to pursue new, larger customers that would have otherwise seemed too risky. Learn why compnaies choose trade credit insurance over other customer credit management methods.
What should a business do if a client fails to pay?
Suffering from an unpaid invoice can feel overwhelming. Contacting the client in a courteous way should be your first step. Learn more about how to get a client to pay an invoice.
Safely Expand Your Sales: The Blueprint for Success
Are your Sales and Credit Departments at odds? Credit insurance helps companies alleviate these issues and paves the way to sales growth by providing assurances that they'll be paid for goods and services sold as well as crucial customer insights prior to entering into new deals.
From growing sales to protecting your business from the domino effect of insolvencies, there are a lot of reasons to insure your receivables. This infographic summarizes the top 10.
Many businesses choose to leverage bad debt reserves to protect themselves from insolvencies, non-payment, and/or slow payment. This may not always be the optimal solution compared to the benefits offered by trade credit insurance.
In this infographic, you'll learn how leveraging credit insurance helps business increase market share, boost market penetration, expand to foreign markets, grow with a key customer, obtain financing, and support acquisitions.
There are four major credit management options every business needs to evaluate. Check out this infographic to learn the pros and cons of Bad Debt Reserves, Factoring, Letters of Credit, and Credit Insurance.
Late payment and payment default situations happen with alarming frequency. It’s critical to the financial health of your company to minimize them. This handy infographic outlines nine best practices to help your business mitigate the risk.