Benefits of trade credit insurance

Manufacturing 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 high-end textile and clothing manufacturer operating in Quebec and Ontario is known for producing high-quality products, including outdoor clothing for cold climates. With an annual turnover of $23 million, it serves a diverse customer base of small businesses and multinationals. The company is now looking to extend its operations to the European market.

The textile and clothing sector is extremely competitive. As a result, the company would be exposed to exchange rate fluctuations, supply chain management challenges, and high logistics costs. Significant fluctuations in commodity prices can also affect profit margins.

By choosing personalized trade credit insurance solutions, this company has been able to:

Conduct business with new customers in Europe with confidence;
Secure its national and international transactions;
Offer flexible payment terms and maintain cash flow stability;
Achieve financial stability in a competitive and volatile market,
Increase its liquidity;
Increase liquidity;
Build long-term customer loyalty;
Significantly reduce the risk of bad debts.

**Figures are provided for reference only. Results may vary.