When you look into giving a customer credit, how deep do you look into their current financial strength?
How far into your customer’s finances do you go? How often do you go back and look again? And when you’re not looking, who is looking out for you?
With a Credit Insurance policy, you not only know who is good and creditworthy but also who to avoid. Trade underwriters are constantly watching your customers to forewarn you if things start to go wrong. Likewise they are also able to let you know which customers are getting stronger financially and therefore where the business opportunities are.
Credit Insurance isn’t about bad debt. It’s all about growing your business with growing customers and making profit.
There is a lot more to Credit Insurance below the surface