1. What Is Trade Credit Insurance?

    Trade credit insurance serves the purpose protecting you and your business in the event your customers cannot pay for goods or services you have provided. It essentially ensures that you grow profits while minimizing risks associated with extending credit. Credit insurance services provides you with the confidence to bring on new customers and improve access to funds at competitive rates. Credit i…Read More

  2. Types Of Credit Insurance

    The next time you apply for a mortgage or personal loan, you may be asked if you want to buy credit insurance services, or it might already be included in your loan proposal. Credit insurance protects the loan in case you can’t make your payments. This type of insurance is usually optional, which means you don’t have to purchase it from the lender. In fact, the Federal Trade Commission, the na…Read More

  3. Why Credit Insurance Is Necessary

    Each time you grant credit to your customers, your company is exposed to the threat of non-payment. There is a greater chance that a business will experience a loss within its accounts receivable than any other asset. With an average of 40% of a company’s assets in the form of trade debts, accounts receivables are a critical part of your balance sheet directly affecting cash flow and profitabili…Read More