Indemnification against loss is often believed to be the main benefit of a credit insurance policy, but there are a myriad of other benefits that can justify the cost of a trade credit insurance policy many times over. When your receivables are insured, your company can:
- Safely grow sales, domestically and abroad, to new and existing customers
- Protect its business from risk of customer default and catastrophic loss
- Reduce bad-debt reserves
- Obtain greater access to funding and secure better finance options
- Expand export markets and offer competitive terms overseas
Your business partners may ask you for bonds and guarantees to be certain that you will perform your contractual obligations. Bonds facilitated by AP&L gives your partners the necessary security to start lasting and confident business relations. The the categories of bonds we are able to facilitate are:
- Surety Bonds
- Performance & Bid Bonds
- International Bonds
We are also able to arrange Fraud Insurance.
Talk to us today for further information and advice.