When granting payment terms to their commercial partners, small and medium-sized enterprises (SMEs) are not always aware of the risks involved. Find out how Coface's trade credit insurance solutions help you avoid the risk of non-payment so that you can grow with complete confidence.
Are you aware of the main source of financing for the economy? Well, despite common belief, it's not bank credit or financial credit, but business-to-business credit!
Every day, as part of your business operations, you grant a payment delay to a commercial partner (client, supplier): this is what is called B2B credit. Your company can benefit from short-term financing, without having to deal with a bank or financial institution.
Even if it fosters commercial trade, B2B credit inevitably exposes your company to the risk of non-payment: precisely the risk that Coface protects! Today, we note that 80% of companies suffer from late payment, and that 25% of insolvencies are linked to non-payment.
- Debts, insolvencies, cash flow: why should you take out credit insurance to avoid placing your SME in difficulties?
- Information, prevention, indemnification: what are the benefits of Coface's solutions dedicated to SMEs?
Coface's trade credit insurance helps your company to grow, to be more competitive in its markets and to focus on sustainable, profitable growth. Our flexible, tailor-made TradeLiner solutions can be tailored to meet every need!
Frédéric Orillard, Mid-Market Sales Director for Western Europe, explains how trade credit insurance and Coface’s TradeLiner solution can help safeguard your SME's growth:
Watch how to empower your SME with Trade Credit Insurance - click -
