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Accounts receivable typically make up 40% of a company’s assets. With past-due invoices and non-payments becoming more common, it becomes a very vulnerable asset. That’s where Trade Credit insurance comes in.
Trade credit or accounts receivable insurance helps businesses protect the capital they have in reserve and stabilize cash flow by reimbursing companies when their clients are unable to pay.
Credit Insurance can protect you from losses and empower safe top-line growth.
Why consider Trade Credit Insurance?
- Sales Expansion – Safely take on new customers and confidently extend more credit to existing clients.
- Catastrophic Risk Protection – Prevent disruption to cash flow by guaranteeing invoice payments.
- Credit Function Support – Expand the efficiency and speed of your credit department with Allianz Trade’s leading company data, monitoring and risk knowledge.
- Sales Expansion – Offer safe, open terms to your customers overseas with no need for letters of credit.
- Financing Options – Borrow more working capital at better rates when your domestic and foreign AR is backed up by Allianz Trade’s AA S&P rating.
Customer Quote on Trade Credit Insurance
“We’ve learned that this product is more than just insurance, it’s an opportunity to learn ways to optimize your business and credit processes.”
Ask the Right Questions
Before researching or buying trade credit insurance, ask yourself the following questions to determine if the coverage is right for your business or a specific client.
- How comfortable are you in your organization’s current credit management processes?
- Does your credit process impede sales growth?
- How comfortable are you in your risk mitigation strategy when it comes to credit management?
- Is your balance sheet strong enough?
- Is your access to working capital adequate?
The experienced team at Oswald can help you determine if trade credit insurance is right for you, as well as help you find the appropriate policy for your needs.
For more information, contact me below:
