Insurance Broker Australia

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Trade Credit Risk
www.tradecreditrisk.com.au/
Contact -0398420986
Have you been caught with a Bad Debt? Trade
Credit Risk will provide the necessary specialist
tools for your credit department to trade with
confidence
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Why Trade Credit Risk
Every business owner understands the importance
of cash flow for successful running of their
enterprise. Credit insurance allows a business to
maintain its cash flow at all times. When on the
lookout for reliable insurance brokers in AU,
Trade Credit Risk is the right choice. We are
specialist credit insurance broker in the
Australian marketplace and provide a range of
products to meet the needs of all business owners.
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A Cost Effective Way to Manage Your Cash
We live in the age of great economic uncertainty
and thus, the need for trade credit insurance is
more important. It is vital to protect the
business from the biggest threat called bad
debts. Bad debts can significantly harm your
business especially when your business depends on
a small number of customers for significant
revenue. Also, when business expands the bad
debts is also expected to increase. Bad debts
account for those customers who are unwilling to
pay your outstanding dues. Here, credit insurance
helps your business by mitigating risk. Trade
insurance in Australia protects your business
against bad debts and when your customers covered
by the agreement defaults.
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Our Service Credit Insurance
Giving you Peace of Mind
Debtors Insurance protects your accounts
receivable ledger in the following events
occurring

• Insolvency which also includes Bankruptcy, Deed
  of company Arrangement, Administrations, Receiver
  Manager and Liquidations.
• Protracted Default or Non Payment occurs when a
  debtor cannot be located, has skipped, a judgment
  has been obtained or non payment. All methods for
  collecting the outstanding debt must be exhausted
  and a waiting period applies depending on the
  Insurer.

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Trade Credit Risk - Main benefits include

• Free Collection Service

• Protect your profits cashflow

All four Insurers will contribute 100 to the
collection costs and a of the legal costs
depending on the Insurer wording and you will
have the ability to pass trouble debtors onto
their collection agency to collect on your behalf.
The proceeds of a credit insurance claim, injects
cash back into your business. We can arrange a
virtually unlimited cash reserve for the balance
sheet as a tax deductible cost.

• Confidence to grow your business

• Strengthen Credit Management

Your business can expand, knowing the cost of a
bad debt is insured. You wont need to worry
about the size of your exposure levels and can
take a competitive advantage, whilst others
operate with uncertainty.
We will analyse your credit limits and monitor
your debtors on an ongoing basis. Having a third
party investigate your accounts will allow you to
trade with confidence knowing you have protection
against a bad debt.
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Credit Procedure Manual Development
50 OF COMPANIES IN AUSTRALIA DO NOT HAVE ANY
FORMAL CREDIT PROCEDURES OR PROCESSES.
We will design a credit procedures manual based
on the size of your business, credit limit
exposures, industry and  staffing levels. The
manual will provide an efficient system and
process for your Credit Department.
The procedure manual contains the criteria for
the following process

• Credit Applications
• Terms of Trade
•  New/Existing Account Credit approval processes
•  Chasing overdue accounts
•  Facilitating appropriate re-payment plans for
  delinquent accounts
•  Defining the levels of authorisation to approve
  higher credit limits
•  Procedure for writing off losses and bad debts
•  Reviewing credit limit exposure levels on all
  accounts
•  General housekeeping rules

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Trade Credit Risk Management Bad Debt Insurance
Services
Minimising the potential of having a bad debt
Our Risk Management Package is a tailored
solution for small to medium or large
multinational companies. We provide an external
credit limit opinion service including monitor
your existing debtors for adverse information
and changes in their credit worthiness.
TCR OFFERS THE FOLLOWING SERVICES
Debtor analysis Online Database Payment
Defaults Daily debtor alerts Repayment Plan
negotiations Regular Credit Limit Audits Pre and
Post Insolvency advice Education on all aspects
of credit Full Data wash of all your
debtors Verbal advice on credit limits less than
requested Various Mercantile reports (Australia
New Zealand) Industry approved Discretionary
Limit justification Risk Management advice
regarding credit /debtor risks
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Contact Trade Credit Risk Pvt. Ltd
It is vital to select a reliable provider of
credit insurance so as to get the best
protection. We discuss about the unique needs of
your business and accordingly work to offer most
suitable insurance policy. We utilise our
experience and knowledge in the insurance sector
to help you make the right decision. Trade Credit
Risk is the most reputable provider of innovative
credit solutions that are tailored to the needs
of the clients. For more information, please
contact from the following methods.
www.tradecreditrisk.com.au
0398420986
info_at_tradecreditrisk.com.au
Suite 8, 1010 Doncaster Road Doncaster East,
Victoria Melbourne - 3109 Australia
2015 Trade Credit Risk. All Rights Reserved.
Australian Financial Services Licence 422672