Trading goods & services with your customers comes with risks, many of which can be mitigated with a trade credit policy issued by Chubb.
Most customers today require credit terms in order to buy goods and services. A reluctance to offer credit can place suppliers at a distinct competitive disadvantage. Furthermore, with competitors often having trade credit solutions of their own in place, can companies afford not to level the playing field with a trade credit solution of their own?
Having trade credit insurance in place does more than just protect against non-payment. It supports business in sourcing finance, reducing the provision for bad debt, enhancing corporate governance and facilitating growth.