12.10.16
Financing The Deal
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Financing the Deal
Having a credit insurance policy provides assurances for a bank or trade financier and will give leverage in negotiations for drawing down funds against your UK and / or export sales.
Added Protection
A trade financier can be added to your policy as a joint-insured for added protection, or simply as a loss payee, which would entitle them to any claims payments from your policy, should you desire.
Adding Reassurance
A comprehensive list of all your credit limit covers can be provided to your Financier at regular intervals to provide them with the reassurances they require.
Continuing to Benefit
In the event that your company went insolvent, the financier could continue to run your policy and benefit from any claims or collections due to you.
