Financial guarantees & credit insurance
Credit Insurance protects your business from commercial and political risks, which you cannot predict. Improves the quality of your customer base and contributes to your profitable growth, minimizing the risk of sudden or unexpected dangers of your buyers. Credit insurance provides you with the confidence to extend your credits to new customers and improve your access to financing. Credit Insurance concerns short-term requirements – i.e. those to be paid within 12 months.
Credit insurance protects your business from the risk that your buyer will not pay off his obligations. These debts may arise due to your proven buyer’s insolvency or its failure to pay off his debts at the specified date (“late payment”).