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eBook: A Guide to Credit Insurance
On average, 1 in 10 invoices becomes delinquent.
Financial executives must continuously analyze all costs of generating a dollar to maximise the profit margin. However, too little analysis is done to avoid and stay away from the impact of bad debt write-offs.
This Guide explains how companies can use Credit Insurance to reliably manage the commercial trade risks that are beyond their control.
In addition to the protection it offers, the guide is also a growth engine. Companies of all sizes use it to safely sell more to existing customers, or go after new customers that may have been perceived as too risky.
From this guide, you'll learn:
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Trade credit insurance – also sometimes called accounts receivable insurance – is different from “insurance” in the traditional sense. It is a partnership that provides world-class knowledge and data to empower your trading decisions, backed by a reimbursement guarantee should an unexpected customer non-payment occur. Businesses that choose accounts receivable insurance benefit from safe sales expansion – at home and abroad – to new and existing customers. Trade credit insurance also helps you access to working capital while reducing your overall credit risk.