Export Credit Managment

Avoid bad debts

Buyers are increasingly refusing to open letters of Credit, and asking for Credit terms as well.
As a result, most exporters are now selling on open account (D/A or D/P terms) to some of their customers.
This Create a credit risk as your accounts receivables are not protected against the risk of non payment.

	The fist cause of company bankruptcy world wide is the non payment by a key customer!
	Also it’s very easy for a company to file for bankruptcy, chapter 11.
	The best way to protect your accounts receivables against this insolvency risk is Credit insurance.
	You can also monitor the payment delays and accounts receivables.

Enjoy peace of mind about payments from customers from now on!

Export Financing

As an exporter you often require trade finance facilities from your bank.
Outside the costly and unpractical L/C environment, banks offer other trade finance solutions.
There are different ways to obtain trade finance facilities:

	Over daft facility
	Bill discounting
	Factoring
	Loan

If you trade on open account your banker will welcome a credit-insurance cover to finance your exports and sales turnover.
Use your customer’s credit worthiness to get good financing conditions.
We have expertise and knowledge of the banking industry in Hong Kong and Asia to advise you the best solutions.

Learn about Credit risks

In a global economy, exporters face challenges:

	Competitiveness is increasing
	Margins are lowering
	More buyers are demanding longer credit terms
	Company failures is on the rise as bankruptcy law is more tolerant
	The role of the L/C is diminishing
	Morality in business practice is changing

Leading to bigger risks for exporters:

	Insolvency
	Bankruptcy of a customer
	Non-payment of a letter of credit
	Increased late payment
	Your accounts receivables is not protected

The solutions to cover your credit risks are available, and at very competitive rate!

Credit Insurance cost can vary roughly from 1% to 0.1 % of the volume insured.

Monitor your accounts receivables

Companies that have different offices and entities need to have a centralized monitoring of their accounts receivables.

It’s the key account for a financial controller as well as for general management. It enables you to monitor and arrange yours accounts receivables.

We are able to offer ready to use optimal solutions through a platform called: I Trade Desk

	I trade desk is a new platform that help company to optimize their management of accounts receivables from one site to worldwide scale.
	I trade desk requires no development, can work in no time and is easy to use.

Have a broker you can trust

The broker is a professional who can introduce to you the best Insurance package for your needs. Broker only get paid by Underwriters upon success fee, so brokers work for you for free!
The broker will:

	Evaluate your needs
	Get quote from different insurance groups
	Present and compare the solutions for you
	Help you to implement and maintain your policy
	Help you in the claim and renewal process
	Defend your interest as you are his client