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Credit Insurance
Manufacturers are often asked to carry receivables their buyers. In order to minimize risk, the buyers credit needs to be evaluated. While its relatively easy to access credit reports and financial histories in the U.S.,it can be quite difficult to do so in other countries. Even if credit information can be obtained,it only reflects a snapshot in time and doesnt always give an accurate picture. Credit is dynamic andever-changing, and s are difficult to track. We recommend that manufacturers purchase credit insurance on their buyers for protection in case of default. This is not only affordable,but it also provides access to more timely information than routine creditreporting can offer. If the buyer defaults, there is coverage for the loss,subject to policy terms.

Shield International represents major credit insurers and can provide quotes covering global sales to all customers. Even if a manufacturer chooses later to factor or use an account receivable line (we can also help with these), better pricing can be obtained if credit insurance is in place. The insurance provides coverage the date of a purchase order, so if a purchase order is received a company which goes bankrupt before an order is completed, there will be coverage. The credit insurers we work with have offices in more than 100 countries and are able to underwrite credit and handledefault issues around the world.

Company Name: SHIELD INTERNATIONAL
Street Address: 16501 Ventura Blvd. , Suite 301
City: Encino
Province/State: California
Country/Region: United States
Zip: 91436
Telephone: 1-818-386 6950
Mobile Phone: 323 873 9042
Fax: 1-818-386 6955
Website: www.shield-intl.com
 Published : 17.04.09 | Views : 389

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