Credit Insurance for Medium-Sized Business
We Protect Your Cashflow And Manage Your Credit Risk
The Tradeliner credit insurance service has been designed to help small and medium sized businesses to grow. It is a comprehensive credit insurance that protects companies from unpaid invoices and customer insolvency. Tradeliner is an essential tool that provides financial risk management service to your business and brings a financial stability and facilitates healthy growth of your business.
BENEFITS OF TRADELINER CREDIT INSURANCE
TRADELINER CREDIT INSURANCE OFFERS THREE ESSENTIAL BENEFITS, ENSURING THE CREDIT YOU GRANT TO YOUR CUSTOMERS IS MANAGED EFFECTIVELY:
- Prevention of Bad Debts: Coface regularly evaluates each of your customers to make sure you are not trading on risky terms with bad payers.
- Collection of unpaid invoices: Coface’s international network of expert debt collectors use effective and professional techniques to collect your unpaid invoices, while preserving your relationship with your customer.
- Indemnification: Should collection take longer than expected or fail entirely, Coface indemnifies the loss you incurred from unpaid invoices.
CREDIT INSURANCE TYPES
CREDIT INSURANCE TYPES WE PROVIDE TO MANAGE YOUR CREDIT RISK AND HELP YOUR COMPANY TO GROW:
- Political Event Insurance - To provide insurance against non-payment due to a war, currency, transfer restriction.
- Advance Payment to Suppliers Insurance - To provide insurance for non-reimbursement of advance payments made to your suppliers.
- Binding Orders Insurance - To extend insurance for orders to be delivered after a reduction or a cancellation of the buyer coverage.
- Natural Disaster Insurance - To provide insurance for non-payment due to a natural disaster.
- Topliner - on line supplemental cover on your buyers receiving insufficient coverage.
- Aggregate First Loss - Protection of the balance sheet providing cover only for exceptional losses.
- Disputed Debts Insurance - To advance indemnification and assist with the management of disputed debts.
- Pre-shipment Insurance - To cover manufacturing costs when the buyer becomes insolvent before delivery.
- Consignment Stock Insurance - To cover sales from a stock of goods located on the buyer's premises.
TOOLS TO MANAGE YOUR CONTRACT MORE EFFICIENTLY
- COFANET ESSENTIALS: AN ONLINE APPLICATION TO SERVE CLIENTS - Coface provides clients with CofaNet, a secure, online, guaranteed management space. It enables each client to identify its buyers, see the total volume of guaranteed risks outstanding, report losses and monitor the indemnification of unpaid invoices, all in just a few seconds. CofaNet also offers debtor risk assessments, export functions and detailed research.
- COFAMOVE: FOR SAFER TRADE WITHIN EASY REACH - Coface provides CofaNet users with CofaMove, a smartphone App to manage their customer and supplier portfolio. CofaMove is a complementary solution to CofaNet. It improves responsiveness in risk-taking and monitoring, as well as providing credit management guidance to sales forces in real time.
- COFASERVE: CREDIT INSURANCE MANAGEMENT IN YOUR IT SYSTEM - CofaServe is a real-time web data exchange solution enabling Coface credit insurance management in your IT systems. It is an alternative solution to CofaNet, the Coface platform for the online management of credit insurance policies, and especially fits companies regularly managing hundreds of credit limits. Key functionalities in your own company software:
(ii) Request credit limits and information products
(iii) Follow Coface decisions and updates on these products
(iv) Notification of any overdue accounts
WHY CHOOSE COFACE TRADELINER CREDIT INSURANCE?
Coface goes beyond the standard credit checks to give you every possible competitive edge, both domestically and internationally. We are a top credit insurance provider with 70+ years of experience. We cover 200 countries with 700+ credit risk and 400+ debt collection experts. We are present in 100 countries, ensuring proximity to you with a dedicated team for a personalized service to meet your needs. With Coface Tradeliner credit insurance we:Top
- Adjusts proactively to evolutions in your business
- Reduce your credit management administration and allows you to grow your sales safely
- Facilitates your access to bank financing