Accounts Receivable Puts – Non-Cancellable Credit Protection

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Accounts Receivable Puts can offer protection that you might get from a single-buyer credit insurance policy, but in another form. Accounts Receivable Puts provide non-cancellable credit protection to cover your large credit risks with either public or privately held customers or suppliers, even if that customer is in financial distress. With a Put, the underwriting counterparty is… Read more »

Workflow & Collaboration Tools Deliver Superior Results

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Workflow Automation is the single most impactful type of technology you can introduce to accomplish more with less. Adding staff is often not an option nor is it a real solution to your challenges related to transaction volumes. We all know how workflows are helpful in our personal or business lives. Wake up, walk the… Read more »

Medium Term & Political Risk Insurance

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Medium Term Credit Insurance Medium Term Credit Insurance, provides financial institutions, exporters and infrastructure developers with private sector corporate payment default coverage for one to seven years. Underwriters typically extend this coverage in conjunction with a cross border financing of goods and/or other services. Coverage can also be procured for non-trade related finance, where the… Read more »

Automated Credit Applications

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Back to the Future in Credit Management Marty McFly would recognize today’s business credit applications as going back to his grandfather’s generation. Little has changed – until now, that is. Automated Credit Application Systems  (ACAS) change all this, as they automate and accelerate the onboarding of new customers, some even integrating industry trade and credit bureau… Read more »

Managing Your Own Business Credit (For Small Businesses)

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5 simple steps you should take to manage your small business credit Determine whether or not you already have a business credit file.  Go to Credit2B.com or DNB.com and find out if you have a credit file. You may be able to add helpful information to it; for example, your company’s financial results, or provide bank… Read more »

Trade Credit Exposures

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Non-investment grade (“junk”) bonds are our canary in the economic coal mine. They took a beating last year, but prices have stabilized with investors of all stripes chasing return, and where else but  in “junk” can you earn a few percentage points of interest. Today, when stellar credit government bonds and even a few top-notch corporates… Read more »

Calculating Bad Debt Reserves

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In most companies, calculating Bad Debt Reserves is not a super-complex affair, but should be approached with a consistent methodology from period to period. Generally Accepted Accounting Procedures (GAAP) requires that a Bad Debt Allowance (BDA), which is a forecast – an estimate of future bad debt write-offs, vs just directly writing off bad debts as… Read more »