COFACE’S RESPONSE TO YOUR NEEDSInsuring your company’s sales is vital to ensuring its long-term viability. With our database covering more than 68 million businesses worldwide– together with our network of collection experts in 99 countries – Coface can offer you unique knowledge on your customers to help you make educated and accurate decisions around your operations in any country from our experience and coverage in over 200 countries.
After an in-depth analysis of this manufacturer’s situation, Coface warns the company of the manufacturer’s financial losses in recent years. The CEO (with input from the plant manager and the head of sales for large accounts) is nevertheless prepared to proceed with this order, which alone would increase the company’s annual sales by 5%.
After further reflection, the Chief Financial Officer decides to request a meeting with a Coface analyst, who convinces him emphatically of the prospect's serious difficulties with cash flow after identifying their non-payment to its largest importer in Italy. In the end, the company declines the deal and leaves it to a competitor. That competitor is never paid by the manufacturer, who files for bankruptcy just a few weeks after the meeting with Coface.
OUR OFFERS TAILORED TO YOUR NEEDS
TradeLiner secures your commercial transactions and protects you against the risk of unpaid invoices.
You can develop your turnover with peace of mind, and access new bank financing solutions. You benefit from all the advantages of credit insurance.
“ Coface Global Solutions” (CGS) is designed specifically for the management of large multinational clients.
With this system, your purchases are more cost-effective and your credit management policy is optimised for your subsidiaries. With our local support team in 99 countries, CGS coordinates and structures your credit insurance solution on a global scale.
Because the world is unstable, Coface offers its “Single Risk” solution to companies and financial institutions exposed to commercial and political risks abroad. Changing legislation, contract breaches, expropriation, nationalisation, armed conflict, labour unrest, acts of terrorism, etc. are all possible reasons for taking out cover on a case-by-case basis for your business.