Trade Credit Risk Insurance In Manhattan, NY
Trade Credit Risk Insurance
Buyer nonpayment due to insolvency or slow pay, can have a very significant negative impact on a company’s cash flow. With the proper trade credit insurance, a company has the ability to mitigate the financial impact of buyer nonpayment by transferring credit risk to a well-capitalized insurance company. Trade credit insurance also allows for a company to offer open account terms to international buyers, while reducing credit risk. This provides for a distinct advantage when competing globally. In some cases, buyers want to trade beyond pre-established credit limits. Trade credit Insurance allows companies to expand sales without incremental credit risk by adding coverage to existing credit lines. Trade credit insurance also enhances the receivable being financed thereby allowing a company to obtain expanded credit facilities.
Our Services in Manhattan, NY
Being one of the most influential cities in the United States, this allows for our clients to have successful business negotiations when acquiring trade credit risk insurance through Securitas Global. Manhattan, NY has history dating back to as far 1524, and it is still evolving and producing new things daily. Manhattan, NY is home to multiple sectors including the Financial sector which is Manhattan’s most important economic sector. The corporate sector is also found here, and it is home to the most corporate headquarters of any city in the United States. Manhattan, NY is home to many outlets of education. Some universities include Columbia University, Cooper Union, Marymount Manhattan College, New York Institute of Technology, New York University, and many more. Manhattan, NY is home to only one professional sports arena in the borough, Madison Square Garden, and the NBA’s New York Knicks and the NHL’s New York Rangers both play here.