It is no secret that competitive payment terms enable companies to grow sales. Trade credit is a great way for businesses to provide this competitive edge and can be a useful financing tool that makes your foreign receivables more attractive to lenders. However, sometimes customers are not able to pay you because they go out of business, file bankruptcy, or run out of U.S. dollars. This is why trade credit insurance can be vital in protecting your receivables against nonpayment risks.
Trade credit insurance is specifically designed to protect your business against the following:
We can help protect your business against these potential risks so that you can focus on safely selling more to existing customers and expanding into new markets.
Our team understands that your business is unique. That’s why we take the time to help craft a trade credit insurance policy to fit your unique needs, offering a wide range of options that give you both flexibility and protection, at a price your business can afford. We pride ourselves in the dedication to our:
At The J. Morey Company, we understand that options can sometimes be overwhelming. Our knowledgeable and helpful agents can work with you to find the coverage you need.
Request a quote now and let the professionals at The J. Morey Company help you find the best trade credit insurance policy for your needs.