Article written by ANZ Managing Director, Mark Hoppe, was published online on Business Business Business discussing how credit insurance protects your cash flow.
“Businesses trading on credit terms have substantial amounts of working capital tied up in accounts receivable, which can be risky if customers can’t or won’t pay on time. Credit insurance protects cashflow by ensuring accounts receivable are covered when customers don’t pay.
“Mark Hoppe, managing director of Atradius ANZ said, “It is important to safeguard cashflow from bad debt, which can damage profitability and business-supplier relationships. Credit insurers follow up bad debts on the business’s behalf and cover losses.”
Read the article on the Business Business Business website:
Atradius provides trade credit insurance, surety and collections services worldwide through a strategic presence in 50 countries. Atradius has access to credit information on 200 million companies worldwide. Its credit insurance, bonding and collections products help protect companies throughout the world from payment risks associated with selling products and services on trade credit. Atradius forms part of Grupo Catalana Occidente (GCO.MC), one of the leading insurers in Spain and worldwide in credit insurance.
For Further Information:
Atradius Corporate Communications Oceania
Tel.: +61 2 9201 2249