Benefits of Credit Insurance
“Few companies can function without extending credit. Poor credit decisions can severely damage cash flow and your profitability. When you sell goods on credit you are effectively entrusting part of your wealth to someone else.”
- Protection against BAD DEBT.
- ASSISTING your business TO GROW, even in tough times.
- Allow you to identify the GOOD and bad CREDIT prospects.
- Your debtors are credit VETTED by SPECIALISTS.
- MONITORING your customers on an ongoing basis.
- Gives you the CONFIDENCE to explore new opportunities you would normally avoid for fear of non-payment.
- COST SAVINGS in the investigation of your debtors, as this will now be done by the insurer.
- SECURE your working capital and cash flow by replacing cash promptly, should any customer’s insolvency or payment default occur.
- The policy can be CEDED to financial institutions as security.
- Sharing of LEGAL fees.