Philosophy - TCRe
Inter-company credit : a major risk
For most companies active in B2B, granting credit to their clients represents a major risk: in fact, more than a business concern closure out of five is the result of the payment default of one or more of its clients. Yet, the current economic forecasts are less than certain and the liquidation of companies that are above all suspicion can come as a surprise to even the most seasoned managers. Setting up safeguards against this risk has therefore become an absolute priority. Many credit managers would like to take out an insurance that protects their balance sheet against non payment without however having to comply with the imposed credit limits or having to accept interference in their customer relations when it comes to recovering unpaid debts.
An original vision of risk protection
Far from the solutions that are considered to be expensive, heavy and restricted, Trade Credit Re relies on the insured’s self-management, who himself determines the parameters of his insurance policy. In doing so, Trade Credit Re also protects the commercial management of the insured.
This concept satisfies the company’s requirements in terms of security, development and durability. Actually, the risks that could endanger its financial health, not to say its survival, are taken over by Trade Credit Re. Therefore, the client can better focus on expanding its turnover.