Credit Insurance
- Credit insurance is a specialized insurance designed for all businesses with a contract tailored to the client’s needs.
- It provides compensation through simple procedures and within agreed-upon predetermined timeframes.
- It analyzes and monitors the creditworthiness of each business’s buyers through thorough and continuous collection of financial, credit, and commercial information.
- It enhances the business plans of the enterprise, expanding its sales into reliable markets.
What Credit Insurance Offers
- Organization of credit control and credit risk through the methods and practices of the contract.
- Covers the business from non-payment of credit-related debts by its customers, either due to payment delays or their insolvency.
- Improves the quality of its customer base.
- Substantially contributes to the profitability of the business by minimizing the risk of unexpected insolvency of its customers.
- Provides assurance to the business, allowing it to extend its credits to new markets.
- Improves and facilitates its funds by assigning the compensation to a banking institution or supplier.
Results of Credit Insurance
- Protection of liquidity and improvement of corresponding indicators.
- Enhancement of profitability and business activity.
- Comparative advantage for the business, maximizing market share in its industry.
- Easier access to financing with lower costs.
- Improved Continuity and Business Plan due to the reduction of unforeseen risks, uncertainties, and uncollectible debts.
