High-profile company collapses of Dick Smith and Laura Ashley have highlighted the need for retail suppliers to consider credit insurance.
High-profile company collapses of Dick Smith and Laura Ashley have highlighted the need for retail suppliers to consider credit insurance. Mark Hoppe, Managing Director of Atradius ANZ, explains how credit insurance can lower the cost of borrowing and improve cash flow for retail suppliers.
“Taking out credit insurance is a proactive step in securing retail business cashflow, which means suppliers can innovate to stay ahead of the competition and remain viable even as the market tightens with increased competition from overseas and online.”
Read the article on the Inside Small 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 5769