Trade credit insurance

Trade credit insurance

Trade credit insurance is a valuable tool that can protect businesses from the risk of non-payment by their customers. It provides coverage for accounts receivable, ensuring that businesses are compensated for goods or services delivered to customers who are unable to pay.

With the current economic uncertainty, trade credit insurance has become increasingly important. It helps businesses mitigate the risk of non-payment due to insolvency, bankruptcy, or political events. By providing protection against these risks, trade credit insurance allows businesses to confidently extend credit terms to their customers and explore new markets.

Trade credit insurance also offers additional benefits. It can help businesses secure financing by providing lenders with the assurance that their accounts receivable are protected. This makes it easier for businesses to access working capital and grow their operations. Additionally, trade credit insurance can improve cash flow management by ensuring a steady stream of income even if customers default on their payments.