Credit and suretyship

Modalities

Credit insurance

Aimed at companies that have credit sales and want to be protected against unforeseen non-payment situations. It covers reimbursement in case of a final loss experienced by the insured due to the debtor’s insolvency. The purpose of this coverage is to protect financial transactions with clients and provide economic stability to businesses. A credit insurance policy offers the following advantages:

Client information
Risk management
Collections management
Indemnification / advances
Increased solvency
Discount rate bonuses

Surety insurance

A surety insurance is a guarantee of compliance of a contract. Similar to a guarantor it guarantees the payment of a sum that can be demanded from the insured company as a consequence of incompliance of a contract between the parties. It is usually a tool to obtain better commercial conditions, or to present an image of seriousness and solvency without increasing the liabilities of the company.

Commercial reports

Commercial reports offer information on the economic and financial situation of commercial partners, both in the national and international markets. They are a good instrument for organizing business as they allow for the evaluation of risk of non-payment by potential clients, assigns credit levels and payment regimes for current clients. They allow the company to have information about solvency of suppliers and study its situation compared to that of competitors.