When creating a strategic plan for your organization’s future, it’s important to know which businesses you can trust to pay you. Accounts receivable are arguably a company’s most important—and underestimated—asset. When allowing customers to pay on credit, there’s always an inherent risk that your company might not get paid. However, this risk includes economic forces out of your control that could impact the future growth of your business.
To help mitigate that risk, credit insurance can help you grow your business without the uncertainty that comes with working with new customers. Many businesses shy away from trade credit insurance because they don’t understand where it fits into your revenue growth.