Safeguard your small businesses with Coface credit insurance
Prevent payment defaults and safeguard your business with SME credit insurance
Mitigate the threat of unpaid debts through trade credit insurance
Whether you're a small local enterprise or a global exporter, safeguard your B2B transactions from the uncertainty of unpaid debts. Explore our flexible options tailored to your company's size and market, ensuring comprehensive protection and peace of mind.
Prevent payment defaults and safeguard your business with SME credit insurance
We protect your cash flow and manage your credit risk
GlobaLiner: Safeguarding global enterprises and their subsidiaries from international business risks
Protect your small business from unpaid invoices with EasyLiner
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Credit insurance allows companies to grant payment periods to their customers in Australia and internationally with confidence.
Trade credit insurance protects your invoices against excessive late payment or – in the worst-case scenario – default by your customers.
Coface covers the credit risk and compensates for your loss by indemnifying you. A range of options are available so you can adjust your coverage to meet specific risks (such as political or manufacturing risks, litigation, etc.).
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We monitor your customers’ financial health, helping you make the right business decisions. And our business credit insurance means you have easier access to financing.
In short, when you insure your sales in Australia and / or for export, you protect your cash flow and preserve your margins. You also optimize the management of your accounts receivable and safeguard your growth.
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1. Keeping you informed
We never stop analysing the environment of your customers (country, sector, etc.) together with their financial information (accounts and financial ratios) so we can direct you towards solvent companies and freeze out bad debtors.
This cuts down your unpaid debts and means your company works with the right partners.
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2. Collecting your unpaid invoices
Our experts in Australia and abroad take on the responsibility of collecting your unpaid invoices for you. This then keeps your relationship with your business partners intact.
3. Protecting your company
Coface indemnifies your guaranteed receivables irrespective of how the recovery process turns out.
Trade credit insurance provides 4 essential services so you can avoiding the risk of customer non-payment:
Our secure online platform means it’s easy to manage your policy from A to Z. With CofaNet Essentials, you:
• Access information about your business partners
• Manage your client portfolio
• Manage your guarantee requests
• Report your unpaid debts
• Keep track of your claims
CofaNet also performs debtor risk evaluations and offers export features with the potential for more in-depth research.
And with the CofaMove mobile app, you can access CofaNet Essentials wherever you are and whenever you want.
Discover a game-changing asset for more efficient credit management.
Coface API portal opens doors to seamless integration of Coface's powerful API solutions into your existing applications.
• Elevate risk management, enhance credit decisions, and fortify financial strategies effortlessly.
• Maximize efficiency, minimize risk: Coface API Portal is your strategic ally for a robust, data-driven approach to credit management.
• Revolutionize your processes today for a more secure and prosperous financial future.
Coface Dashboard is our business intelligence tool that provides you with interactive reports to facilitate:
• Reporting and performance tracking
• Producing analyses ranging from macro trends to individual changes
• Identifying consolidated risks for groups of buyers
• Managing your programme, in particular by supporting your decisions, and customising the features of the tool and the risk transfer parameters
• The credit risk governance in your group
In general , Trade credit insurance premium is calculated based on your turnover (the net sales figure you pull in as a company). Your past transaction history and the debtors with whom you are trading are also taken into account.
For small businesses and SMEs with a maximum turnover of A$12 million, EasyLiner is an all-inclusive solution that starts from A$4,000.
For companies with over A$10 million turnover, the cost equates to a premium rate that varies on average between 0.1 and 1% of turnover.
This figure is based on the volume of insurable business, the profile of your company – in particular, its area of activity and history of claims – and your requirements (the type of coverage, specific options, etc.).
50000 customers
200 countries covered
670 billion € exposure on 2.6 million debtors
AU$
The simulation above shows the additional turnover that your company must achieve to compensate for the loss due to a non-payment.
Having used credit insurance for many years, I’d recommend Coface because their response times on limits are exceptionally good compared with other providers, their underwriters know what they are doing and they are always happy to discuss any issues.
The results are clear-cut: since 2008, Diagast has not had any unpaid invoices on the events covered.
Our regular interactions with the teams at Coface help us analyse, evaluate and prevent our risks.
Coface online platform for managing your trade receivables. Full monitoring of your risks. Direct access to all tools according to your contracts.
Platform dedicated to brokers for monitoring your business and managing your customer portfolio (in all countries where legally available).
Icon is the business information solution designed to help you better understand risk. Learn how to identify the financial situation of your partners and customers.
Icon is the business information solution designed to help you better understand risk. Learn how to identify the financial situation of your partners and customers.
Stop juggling between software applications. Explore Coface API Catalogue and Integrated Solutions for Icon by Coface and trade credit insurance.