Export credit insurance is a valuable tool for businesses that sell goods or services internationally. It helps protect one of your most important assets—your receivables—from risks like customer non-payment. This article will explore the ins and outs of export credit insurance, including its benefits, types, and how it works.
Key Takeaways
Export credit insurance protects businesses from non-payment risks, ensuring steady cash flow.
There are different types of policies, such as comprehensive domestic and export credit insurance, and single-buyer policies.
This insurance helps businesses assess customer creditworthiness and set up customized policies.
It offers specialized solutions for small, medium, and multinational enterprises.
Using export credit insurance can enhance cash flow management and improve financing terms with banks.
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