Benefits of Credit Insurance
- Protection for Revenue
Eliminate the risk of bad debt from your business
- Increased Revenue
Your ability to offer better credit terms to your customers by removing the risk to your assets gives you greater opportunity for increase sales, revenue and profit .
- Competitive Advantage
Credit Insurance lets you offer more competitive terms, safe in the knowledge that, whatever happens your sale will be protected.
- Continuation of Cashflow
Your policy will provide cover in the event of payment default, therefore ensuring minimal disruption to your cashflow
- Higher Credit Ratings
Your suppliers will feel more secure in offering credit terms knowing your business is protected against bad debts
- Easier Access to Finance
If you need to obtain trade finance to fund your contracts, by simply assigning your policy claim payments to your bankers, you’ll give them the assurance that their investment is secure. Trade Finance companies recognise the importance and value in credit insurance and place borrowers with credit insurance in a lower risk category
- Early Warning
Gain access to a network of credit information which can alert you to high risk companies, before you expose your company to unnecessary risk
- Release Capital
Reduce your bad debts reserve and release this capital for more profitable purposes
- Peace of Mind
Trade Credit Brokers can’t manage how your customer conduct their business, nor can we prevent them from becoming insolvent, but we can stop them taking you with them. Companies trade more competitively with confidence and peace of mind, knowing that their business is protected by a policy arranged by Trade Credit Brokers
Trade Credit Brokers
Registered in the Republic of Ireland No.199439
Registered Office: IFG House, Booterstown Hall, Booterstown Co. Dublin, Ireland
Tel: 01 2752950 | Fax: 01 2752951
Email: mail@tcbrokers.com
A member of IFG Group Plc
Trade Credit Brokers Limited is Authorised and Regulated by the Financial Regulator