Customer insolvency, bad debts, overdue accounts, commercial risks and political risks have to be taken into account as long as you are trading on credit terms.
For companies operating in the B to B market, customer credit is therefore a fact of life. Today, the suppliers' credit represents twice the amount of bank loans lent to customers. Credit insurance provided by Coface, is the answer to helping companies manage their customer credit risk.
The buyer's database is the unique Coface risk database on 55 millions companies worldwide, used by underwriters around the world. It replies with online and offline solutions to customers' credit limit requests.
Coface, created in 1946, has developed the credit insurance offer into a full international coverage. Its network is built on its own local entities throughout the world and its Credit Alliance partners.
As a result of the international development, the customer benefits of the local expertise of long time credit insurance practices.
Credit-insurance, an effective tool against non-payment risk, allows you to:
- Optimize your cash flows requirements
- Reduce the cost of bad debts
- Lower bad debt provision
- Increase the focus on your core business
- Protect the balance sheet
Coface offers Globalliance and Single Risk Cover policies that suit your business needs of customers in the Greater China region.
To contact us, please click enquiry
