Trade Credit Risk Insurance In Philadelphia, PA
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 Philadelphia, PA
We are Philadelphia proud. In a business minded and self motivated city like Philadelphia, PA, clients that enroll in our trade credit risk insurance tend to be more comfortable and successful in their business ventures.
Philadelphia, PA is listed as the 6th most populous city in the United States. The city has a deep rooted history dating back to the year it was founded, which was 1682.
The city is home to multiple colleges and universities including the Community College of Philadelphia, Saint Joseph’s University, La Salle University, Thomas Jefferson University, Philadelphia University, Chestnut Hill College, Temple University, and many more.
Philadelphia, PA is also home to multiple art museums including the Rodin Museum, and the Pennsylvania Academy of the Fine Arts. The Curtis Institute of Music is one of the world’s premier conservatories. Philadelphia, PA is also home to many sports venues including Citizens Bank Park, Wells Fargo Center, and Lincoln Financial Field.