Risk management
If one of your customers was to go bankrupt, this could have extremely harmful consequences for you, too. Even an unjustifiably long deferral of payment could create problems for your company.
The continued globalisation of the business world and countless international transactions are leading to ever-increasing credit risk. On top of that, it is becoming increasingly more difficult to assess the true creditworthiness of your international customers.
Therefore, it is hardly surprising that one in three larger companies now takes out credit insurance, compared to only 8% of small businesses. (De Tijd, 7 December 2007).
KBC Commercial Finance offers watertight solutions.
Expect less …
Zero risk
Whenever you don't want to run any risk at all, we will buy your receivables in their entirety. You will then be 100% sure that you will be able to collect the full amount receivable. We keep a close track of everything. However, we will pay the amount owed to you no later than 100 days after your invoice expires, no matter what. If you want access to your funds before then, see the 'Cash' section.
Limited risk
If, however, you are prepared to bear a small portion of the loss yourself, then we recommend you take out credit insurance. In most cases, you shoulder only 10% to 15% of the risk. We then place most of the risk with a credit insurer who will take it on at an acceptable cost.
As a specialised broker, we'll look for the best policies and the most advantageous terms and conditions for you. We are not tied to just one credit insurer, which means you can be sure at all times that you will receive the offer best suited to your individual needs and requirements.
Expect more…
Download document credit insurance.
Interested?
If so, feel free to contact one of our Credit Management Consultants. They'll be happy to help you work out a solution that is fully in line with your requirements.
Alternatively, complete and return the My company profile info sheet and we will get in touch with you.
