We specialise in offering security and confidence against the following types of commercial risk:
The cost of a bad debt needs to be counted as much more than simply the loss of money you were due to receive. The truth is you can never make up for the cost of a bad debt. The impact is immediate, it can put stress on your cash flow and will certainly damage your profitability. Ask yourself now what would be the consequences of one of your largest customers failing to pay you?
For most businesses, the value of the debtor’s ledger, the money you are owed, is one of the largest assets and yet it is often uninsured. Other important business assets are insured usually without question, yet the risk to a business of customer insolvency is perhaps one of the most volatile exposures.
We are committed to providing the most appropriate cost effective trade credit solutions for all our clients. We guarantee service delivery through our knowledge and expertise of the trade credit insurance market in a range of industries. This is backed by our well established relationships with insurers and our ability to think laterally.
We offer full protection for our export clients. Export and political credit insurance is the safest option when an overseas buyer does not want to establish a Letter of Credit, and wishes to trade on an open account or Documentary Collection basis. We specialise in offering clients security against the following type of export and political risks:
We can help you sleep better tonight, consider the following:
On average about 40% of a company’s assets are from the debtors ledger, a significant part of your business that should be protected. A bad debt reserve is not the answer. It won’t put cash back in your hands.
Apart from the long-term loss of a customer and future revenue streams, there is the immediate effect on cash flow, which could even lead to your own business failing. The proceeds of a credit insurance claim injects liquid funds back into your business. We can arrange a virtually unlimited cash reserve for the balance sheet at a planned deductible cost.
You can grow your business in confidence knowing that the cost of potential customer failures is already covered. You can also be more aggressive in your sales and marketing by extending higher and longer credit terms with your customers.
Whether you trade with customers domestically or internationally, your customer’s status can be affected by internal and external factors, unknown to you. No matter what credit control procedures you have in place, you can further enhance the quality of decisions made on credit limits by working closely with us and gaining access to our extensive knowledge database. You can spend less time worrying about venturing into new markets or territories and be ‘in the know’ about the customers you are dealing with.
Protect your debtor’s ledger and gain access to more efficient financing. Banks recognise trade credit insurance as collateral security when providing financing for local or overseas sales. Your shareholders can also appreciate that their assets are being well protected and that financial corporate obligations are being met.
Trade credit insurance is the ultimate protection against bad debts, where you have your debtors insured against the risk of insolvency, protracted default or political events.
Credit risk management is a vital tool used to protect the financial health of your business. Our credit risk management service is proactive and designed to grow your company's sales...
Good credit management should ensure that customers pay on time, we understand that this is not always the case and not everyone has a trained and dedicated credit manager.
Over the years we realised that while our core product was insurance broking, our business was actually about protecting the profitability of our clients.
