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Credit Insurance v Letters of Credit
Letters of credit are a useful tool when trading internationally, but they are much more limited in scope than credit insurance.
Comprehensive risk dashboard from Coface with detailed risk assessments for 162 countries and 13 sectors
Letters of credit are a useful tool when trading internationally, but they are much more limited in scope than credit insurance.
Self insurance simply means setting money aside in case of bad debt. Often, companies simply keep a sum in a separate bank account for emergencies only.
Bad debt insurance offers just one kind of protection for your business: against customer insolvency and the resulting loss of income if a bill isn’t paid as a result.
Through iCON by Coface, access our Urba360 Business Intelligence tool and make the right credit decisions to guide your sales strategy and gain an edge over your competitors!
Christiane von Berg is the Chief Economist for the DACH and BeNeLux region at Coface. During the conference, she discussed the results of studies that estimate the effects on trade between the two parties under different scenarios.
Better assess your risks with Coface's global risk assessments for +160 countries and 13 sectors.
Nathalie Stieger, Head of Governmental Affairs at Roche and Board Member at Interpharma, underscores the significance of secure access to the EU labor market and research. Talent acquisition is vital, and Roche aims to optimize conditions for research and development.
Speaker at our last CRC in Zurich, Natalie Sleeman is the Head of EU Trade and Economic Affairs in Switzerland. She underscores that The EU's collaborative stance and Switzerland's preparedness signal optimism for upcoming talks.
Coface Country Risk conference will take place on Thursday 1st February. Find out more about the program and register online now.
A long-outstanding debt, unsuccessful internal debt collection efforts, difficult or even unreachable customers... Well, you’re not alone: 80% of companies struggle to collect unpaid debts! When this happens to you, calling on the skills of Debt Collection experts is a winning strategy to get paid before it’s too late. Remember this: 25% of unpaid debts result in bankruptcy.
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Better assess your risks with Coface's global risk assessments for +160 countries and 13 sectors.
Immerse yourself in the world of global trade with Coface's Trade Talk podcast. Follow discussions with experts on global trade and insights into the dynamics of individual markets.
Coface online platform for managing your trade receivables. Full monitoring of your risks. Direct access to all tools according to your contracts.
Platform dedicated to brokers for monitoring your business and managing your customer portfolio (in all countries where legally available).
Icon is the business information solution designed to help you better understand risk. Learn how to identify the financial situation of your partners and customers.
Icon is the business information solution designed to help you better understand risk. Learn how to identify the financial situation of your partners and customers.
Stop juggling between software applications. Explore Coface API Catalogue and Integrated Solutions for Icon by Coface and trade credit insurance.