Recap from this infographic, Six Ways to Grow Your Business with Credit Insurance
- Increase Market Share: Offer better terms and raise credit limits to grow sales and enhance customer relationships
- Boost Market Penetration: Evaluate credit risks, prequalify customers and have added protection to confidently add new buyers
- Expand to Foreign Markets: Make strategic credit decisions and offer competitive terms overseas, eliminating cash in advance or letters of credit
- Grow with a Key Customer: Aggressively grow sales with a key customer without the worry of concentration risk
- Obtain Financing: Insured receivables translate to secured collateral which means more working capital at more favorable rates
- Support Acquisitions: Create coherent credit processes, take control of receivables in a safe way, and understand the credit worthiness of the new customer portfolio
