Trade Credit
Protecting your accounts receivables with credit insurance is critical to a business’s cash flow, competitive advantage, profitability and sustainable growth.
This is a niche risk management product that offers coverage to manufacturers, traders, and service providers against losses from non-payment of commercial trade debt and a wide range of other trade-finance issues. Conventionally, receivables were considered as a business risk, but the introduction of Trade Credit Insurance has made it possible to cover the risk of non-payment of trade receivables thereby enabling the companies to focus on business & sales growth.
Moreover, Trade Credit Insurance also facilitates improved cash flow, reduced borrowing rates, and enables increased funding levels from your bankers.This cover is available for domestic as well as export sales. Its covers Insolvency and protracted default and political Risk offering attractive terms while protecting your balance sheet.
OUR VALUE PROPOSITION
- Analysis of turnover statement and aging statement and highlighting the findings to our clients periodically for superior financial planning & protection.
- Review of outstanding and liaison with underwriters for follow-up with debtors and recovery to creates a secure platform for developing healthy trading relationships with existing partners and products.
- Facilitate continuous monitoring of the buyers and market update/adverse info is shared with the client on a proactive basis. This would help you to enhance the business and explore new markets while giving you a competitive advantage over competitors which use their balance sheet to fund such risks.
Takshilkumar Desai
Sales Head
