Trade Credit Insurance – make sure you get paid!
Trade credit insurance (also known as export credit insurance) is a type of commercial insurance that protects your accounts receivable against losses due to a customer’s financial inability to pay.
Trade Credit Insurance Options
Whether you’re concerned about only a few of your customers, or want the security of knowing all of your sales are protected against non-payment, we have the credit insurance solution that’s right for you:
Credit insurance can help you:
- Boost your sales - take on new customers fearlessly and expand into new markets knowing you’re protected if your customer can’t pay.
- Improve your competitiveness - offer payment terms to customers instead of asking them to pay upfront.
- Accelerate cash flow - when your receivables are insured, they are more attractive to lenders and you can borrow against them. If you’ve ever considered factoring, or selling your foreign receivables for cash, credit insurance may reduce your factoring costs by making the factored invoices more appealing to the financial institution.
- Access our international credit management expertise - work with us and we’ll do the credit checks for you.
The above information describes, in general, EDC services and is not a commitment to provide them. Only the documentation supplied by EDC, in connection with any transaction, provides the full detail and terms and conditions.
To insure or not to insure?
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