You can’t afford to have clients default on what they owe.
With the evolving worldwide market, your job as Credit Manager’s job is becoming ever more difficult. Lost cash flow can be devastating and allowances for accounts receivable could restrict your operations. One of the main reasons for business failure is a catastrophic bad debt.
FCA can help you eliminate some of the risks you are facing.
A Credit Insurance policy lets you sell with confidence and protects against customers’ domestic or foreign insolvency and non-payment. Quickly and effectively, FCA will help you protect your bottom line.
Talk to your FCA broker about Credit Insurance and find out how you can:
- Avoid catastrophic bad-debt losses
- Safely achieve higher incremental sales and more confidently achieve financial objectives
- Reduce collection costs
- Maintain investor confidence and share price
- Negotiate enhanced borrowing terms and improve relationships with your lenders
- Replace bad debt reserves with tax-deductible insurance premiums