Receivables/Credit Insurance

As important as it is for your company to acquire and maintain clients, it is just as important to make sure those clients have an ability to provide compensation for services rendered. The trade-off between increasing sales and acquiring clients that will pay is well known. One way to mitigate this risk and bolster sales is Receivables/Credit Insurance.

Receivables/Credit Insurance protects your sales against virtually all commercial risks that could result in non-payment of invoices, including a customer’s bankruptcy, business closure, receivership, ownership changes, protracted defaults, cash flow problems, balance sheet issues, bad faith, fluctuating demand, natural disasters, or general economic conditions in the USA or abroad.

The benefits of Receivables Insurance include:

• Generate more sales by offering clients larger lines of credit that you would normally offer.
• Offers your company the ability to expand into new markets.
• Strengthens credit risk management controls.
• Increase market share with more competitive credit terms.
• Enhance borrowing capabilities and obtain more favorable financing.