Trade Credit Insurance
Trade credit insurance works by insuring you against a buyer failing to make the payment. Each and every invoice with that customer during the policy tenure will be covered for the insurance. It's used by businesses of all sizes to protect both international and domestic trade.
Trade credit insurance helps businesses to safely sell more to existing customers or expand to new customers, knowing they are insured.
Four key benefits of trade credit insurance for your businesses:
- Protects from bad debts and their subsequent effects.
- Enhances and supports working capital requirements.
- Enhances and supports working capital requirements.
- Enables prudent growth.
