Tradeliner: Mid-market credit insurance

TradeLiner, our mid-market credit insurance solution, empowers you to collaborate with your trade partners without the burden of concerns about outstanding invoices. It not only unlocks financing opportunities but also relieves you from the internal handling of debt collection.

Our extensive array of options allows us to collaboratively design your TradeLiner contract, tailoring it to fit your business, organizational structure, and specific coverage requirements. Here are a few concrete examples:

• Manufacturing Risk Option: Ideal for those producing customized products for specific clients. Protects against the risk of customer default during the production period and before delivery, ensuring coverage in the event of a contract interruption.

• Political Risk Option: Suited for businesses exporting to potentially risky countries. Guarantees your invoices against the risk of non-payment arising from adverse public or civil events, such as terrorism, riots, war, or restrictive export restrictions.

Together, we can customize your TradeLiner contract to provide the precise coverage your business demands.

The policy is very easy to use: you access your customer portfolio and ask us to obtain lines of guarantee using your CofaNet Essentials digital management tool. We then start monitoring your clients and will send you real-time notifications about changes in the solvency of companies to help you make the right business decisions. In the unfortunate event of non-payment, simply input the details into CofaNet Essentials, and we seamlessly take over the collection process, whether it's in Belgium, Luxembourg, or anywhere globally. Should these efforts prove unsuccessful, you receive indemnification per your policy terms, with payment issued beyond a contractually agreed period.

The entire process unfolds online, streamlining your internal procedures and optimizing information sharing across various departments in your organization—be it finance, accounting, sales management, or procurement.

Credit insurance is a tailored solution crafted to safeguard the future of your business and foster the growth of your medium-sized company.

The premium rate for TradeLiner is meticulously calculated and presented as a percentage of your insurable turnover. This calculation takes into account various factors, including the business sector to be covered, the geographical area of your customers, the desired coverage type, and the selected options.

Many companies underestimate the potential cost of outstanding invoices. Are you among them? Recognize the profound impact of non-payment costs on your company's profitability. Utilize our simulator to gauge the additional turnover required to offset such losses based on your margins

If your B-to-B turnover falls within the range of €7,500,000 to €10,000,000 in the domestic and/or export market, and you seek protection against the risk of outstanding invoices arising from customer bankruptcy or late payments, the TradeLiner solution for SMEs is an ideal fit. This straightforward and flexible credit insurance policy is especially well-suited when your contract is supported by financing.

If your client claims a commercial dispute as a means to evade payment, our collection managers will verify that it is not a tactic to conceal their financial incapacity. If the dispute is genuine, we temporarily halt our collection process, allowing you to resolve the dispute within your customer-supplier relationship. Once the dispute is settled, the guarantee is reactivated, and if the customer is unable to settle the invoice, indemnification can be initiated.

Additionally, you have the option to opt for a specific feature that encompasses insurance for disputed claims.