Credit insurance : an important asset for business

To motivate sales teams, SMEs often offer their teams to qualify for their pay, bonuses or commissions on the business objectives achieved. But it is still necessary that the bills of sales are collected. Even if the client has been validated by the Credit Manager and Financial Officer for the quality of its financial health, it is never certain of receiving payment. The risk to the business is to have his remuneration amputated because of bad payers.
This is why some companies subordinate the payment of the commission to the actual receipt of payment. This solution is often not perceived by business. Moreover, unpaid weigh heavily on the cash flow of the business and SMEs face to insolvent clients, run the risk of weakening their financial structure.
1 of 4 business files for bankruptcy because of an unpaid !

The best solutions to deal with unpaid debts

To address these threats, many now use many tools and methods to limit the number of unpaid bills.

Despite all these precautions, the risk of non-payment is never discarded and some have serious implications for the company.

Yet there is a simple and effective solution, credit insurance !

Credit insurance driveway to commercial director

With a credit insurance contract, the commercial are certain to receive 100% of their commissions. Indeed, from the opening of a credit insurance contract, the entire customer portfolio and list of prospects are analyzed. Following arbitration, the credit insurance company agrees on a screw screw cover of each customer or prospect. If unpaid, the company is required to indemnify the insured on a fixed percentage up to 90% of the invoice amount after a waiting period (2 to 6 months) on declared or presumed insolvent.

Yet there is a simple and effective solution, credit insurance!