Secure your cash with Credit Insurance
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Aurélien ParadisAU Group UAE |
When you sell goods or services on credit to your customers, you take on the risk that they may not be able to pay you back. This can lead to cash flow problems for your business, which can be especially problematic if you are a small business or if you have a large number of customers who owe you money.
Credit insurance can help mitigate this risk by providing coverage for your accounts receivable. If a customer fails to pay you, your credit insurance policy will reimburse you for a percentage of the amount owed, typically up to 90%. This can help you maintain your cash flow and minimize the financial impact of non-payment.
In addition to protecting against non-payment, credit insurance can also provide other benefits such as: