Coface provides a comprehensive line of credit insurance to protect companies against potential non-payment by their customers, with cover provided in approximately 200 countries. (Coface is present directly or via strategic partnerships in 100 countries, with the ability to provide cover for its clients in approximately 200 countries.) Coface relies on its own international network and also on the "Coface partner" network.
Coface can provide its credit insurance solution in all of these countries. It enables businesses to cover their subsidiaries too, via a single contract.
HOW DOES IT WORK?
Coface pays you an indemnity to soften the impact of the loss incurred. Once the payment arrears is ascertained, our experts step in to collect the receivable from your buyer. We implement proven collection techniques in order to maximise the chances for successful collection.
This “made by Coface" protection is based on a powerful prevention system: our experts are working around the globe to analyse the financial strength of companies and anticipate payment arrears. Through this continuous review, we provide feedback on part or all of the customer portfolio in a spirit of complementarity and partnership with you.
FOUR GOOD REASONS TO CHOOSE CREDIT INSURANCE FROM COFACE
Anticipate and resolve payment arrears from a customer;
Benefit from the quality and strength of Coface’s prevention;
Receive personalised advice from a Coface expert present in your market;
Focus on growing your business.