Every company wants to grow. That provides room for investment, keeps staff motivated and gives confidence for the future. Often growth goes hand in hand with new customers or other markets. If you supply on credit, this brings risks. How well do you know your new customers? Has their creditworthiness been checked? And what are the financial consequences for your business if one of your customers goes bankrupt?
Taking out trade credit insurance can provide security for these risks. You may think that for the good and long-time loyal customers, you don't actually need credit insurance. The assumption is that these customers will pay anyway. Yet you have to realize that the payment behavior of companies can suddenly change, even in good economic times. Then it is good to be able to fall back on credit insurance.
Do you want to know whether credit insurance is wise for your company? Read more on this page or contact us.
Taking out trade credit insurance can provide security for these risks. You may think that for the good and long-time loyal customers, you don't actually need credit insurance. The assumption is that these customers will pay anyway. Yet you have to realize that the payment behavior of companies can suddenly change, even in good economic times. Then it is good to be able to fall back on credit insurance.
Do you want to know whether credit insurance is wise for your company? Read more on this page or contact us.
, 30/05/2024
, 23/05/2024