Five ways credit insurance can protect your cashflow

Atradius news

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:
https://www.businessbusinessbusiness.com.au/five-ways-credit-insurance-can-protect-cashflow/

About Atradius

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.

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For Further Information:

Atradius Corporate Communications Oceania

Lara Morrow

Tel.: +61 2 9201 2249

E-mail: lara.morrow@atradius.com

www.atradius.com.au

 

Disclaimer

The statements made herein are provided solely for general informational purposes and should not be relied upon for any purpose. Please refer to the actual policy or the relevant product or services agreement for the governing terms. Nothing herein should be construed to create any right, obligation, advice or responsibility on the part of Atradius, including any obligation to conduct due diligence of buyers or on your behalf. If Atradius does conduct due diligence on any buyer it is for its own underwriting purposes and not for the benefit of the insured or any other person. Additionally, in no event shall Atradius and its related, affiliated and subsidiary companies be liable for any direct, indirect, special, incidental, or consequential damages arising out of the use of the statements made information herein.