Are you aware of the financial health of your customers?
Trade credit insurance is very important in the risk management of any company that supplies goods or services with a credit term. It is not only about insuring the payment of the customer, but the choice of an unsuitable business partner can cause financial loss due to investment in technology, market, marketing. If such a business partner is significant, the potential for loss is very high indeed.
An integral part of receivables insurance is effective debt collection which is very important in the case of foreign customers. Coface operates in more than 60 countries and can therefore be highly recommended.
Do you want to keep your assets safe and sleep well? Schedule an appointment.