For many businesses, trade credit is an essential tool for financing growth. Trade credit is the credit extended to you by suppliers who let you buy now and pay later. Trade credit insurance is purchased by business entities to insure their accounts receivable from loss due to the insolvency of the debtors.
The product is not available to individuals. Trade credit insurance usually covers a portfolio of buyers and pays an agreed percentage of an invoice or receivable that remains unpaid as a result of protracted default, insolvency or bankruptcy.
Contact Us to discuss with our insurance brokers your Trade Credit Insurance options to suit you.
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