Benefits of trade credit insurance
Commodities sector
Enjoy peace of mind when negotiating with your clients. Increase your sales volume and scale your business while ensuring your receivables are well managed.
Expected positive impact
- Efficient and informed credit decisions;
- Safety net against the risk of non-payment;
- Head start on competition;
- Increased cash flow related to business operations;
- Continuous monitoring of your customers’ financial health;
- Improved financial results;
- Industry-specific coverage and guidance.
Case study
A company based in Moncton, New Brunswick, specializes in the production of custom metal products for the mining and construction sectors. It serves a diverse customer base of SMEs and multinationals and generates $18 million in annual sales.
With a solid reputation in Canada and the United States, the company is now looking to expand internationally, particularly in South America and Africa. Its growth ambition exposes the company to exchange rate fluctuations, political and economic instability, delivery delays, high transport costs as well as economic crises that could disrupt export activities. Significant fluctuations in commodity prices can also affect profit margins.
By choosing personalized trade credit insurance solutions, this company has been able to:
- Improve credit approval procedures;
- Increase liquidity;
- Strengthen its financial stability and risk management procedures;
- Confidently take on international assignments;
- Reduce the risk of unexpected financial losses;
- Offer flexible payment terms while maintaining cash flow stability;
- Build long-term customer loyalty.
**Figures are provided for reference only. Results may vary.
Trade credit insurance protects your business against late payment and bankruptcy. A trade credit policy is used to file a claim if an insured customer is unable to pay their invoices.
Get a quote in less than 2 minutes!
Trade credit insurance: key to your company’s growth
Trade credit insurance protects your business against late payment and bankruptcy. A trade credit policy is used to file a claim if an insured customer is unable to pay their invoices.
Get a quote in less than 2 minutes!
