Recap from this infographic, the Top 10 Reasons to Insure Your Receivables:
- Grow Your Sales safely and Strategically to New and Existing Customers
- Approve credit limits quick to cpature more revenue opportunities
- Maintain cash flow and profitability by mitigating your risk of bad debt
- Access better knowledge about your customers and prospects to help avoid losses before they occur
- Obtain more working capital (often at more favorable rates) since insurance receivables translate to secure collateral
- Offer competitive terms overseas so you can sell more to foreign markets
- Enahnce the efficiency of your in-house credit team by tapping into the deep resources of a leading credit insurer
- Manage your A/R concentration risk
- Enhance your customer relationships and be more competitive by safely raising credit limits or offering better terms
- Sleep better at night knowing your risks are covered and your payments are guaranteed