FAQs
What does credit insurance do for your company ?The biggest advantage of credit insurance is that it offers you and your company peace of mind. With up to 40 % of your company’s assets tied with your debtors you cannot risk the chance of not being paid.
With this credit insurance gives you greater confidence in your business, in it’s growth and in doing business with others both on the domestic and foreign markets.
Credit insurance also offers your business :
- More capital is under your own control - because insured receivables tend to be paid faster; the bad debt reserve can be reduced, thus releasing tied-up capital
- Sounder credit control
- More opportunities, and confidence in your business to take these opportunities
- Better risk management - through the 'early warning system' provided by the credit insurance underwriters, their knowledge and expertise of the markets and of the trading sectors.
- Greater access to finance - it can be used to provide greater security to a lender for trade or export finance
- Better business planning - through the elimination of unknown hazards
- Better sales targeting - our information can be used to target new customers and markets and check on existing customers
Other Questions
Who should take out credit insurance?
How long will it take before payment if a customer defaults?
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