The Various Advantages of Insuring Credit for Companies - PowerPoint PPT Presentation

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The Various Advantages of Insuring Credit for Companies

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There are many advantages of insuring credit for companies. For example, companies could gain protection from losses and increase their growth. Apart from this, they could also benefit from credit information support. – PowerPoint PPT presentation

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Updated: 27 July 2016
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Title: The Various Advantages of Insuring Credit for Companies


1
THE BENEFITS OF INSURING
A COMPANYS CREDIT
Companies should consider insuring their
receivables as they are the most at-risk current
asset of any organization. Not having credit
insurance may lead to debt and poor working
capital. Here are a few benefits of insuring a
companys Credit.
http//www.coface.se/
2
PROTECTION FROM MAJOR LOSS
A companys receivable is one of the most at-risk
assets which have the potential to lead towards
bad debt losses. And having credit insurance
gives them a safety net against bad debt losses.
3
GAIN CREDIT INFORMATION SUPPORT
Organizations gain major market knowledge with
the help of the insurance companys database that
helps them learn about the market trends and
avoid credit losses before they happen.
4
GROWTH OF THE ORGANIZATION
Credit insurance provides an incentive to go
ahead and use the working capital for the growth
of the company without worrying about the risks.
http//www.coface.se/Vaart-erbjudande/Kreditfoersa
ekring/Coface-globala-kreditfoersaekring
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