Why your U.S. or international customer may not pay
7 surprising non-payment risks and how to avoid them
7 surprising non-payment risks and how to avoid them
With EDC Credit Insurance
With EDC Credit Insurance
— Pina Romolo, President and CEO, Piccola Cucina
Why your U.S. or international customer may not pay
The financial impact of one bad debt on your bottom line
How to reduce risk so you can take on new international contracts with confidence knowing you’ll get paid
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Do you insure your property? Your fleet? Your employees? How about liabilities and data breaches? The answer is probably yes. Yet many companies don’t think about insuring what is probably the biggest asset on their balance sheet—the money owed to them by their customers.
Collecting on a debt is hard enough in Canada, but in other markets, your chances of collecting are even smaller. That’s tough when even one bad debt can be enough to severely impact your bottom line.
Get reimbursed for 90% of your insured losses if a customer doesn’t pay, for as little as $30.
Win more business by extending attractive payment terms to your customers, without the risk.
Get more access to cash—your bank could lend against your insured invoices, up to 90% of their value.
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