Trade Credit Insurance

Trade Credit Insurance

Through our Strategic International Insurance Company Partners, Black Fox International offers Global Trade Credit Insurance, which provides the security a company needs to compete globally by insuring what is often the company’s largest asset—its accounts receivables.  Programs include:

  • Comprehensive export credit insurance
  • Insolvency risk insurance
  • Credit risk insurance

Policies can be underwritten to protect against nonpayment of both foreign and domestic accounts receivables, and can be customized for each insured’s specific trade credit insurance requirements.

WHY GLOBAL TRADE CREDIT INSURANCE THROUGH BLACK FOX INTERNATIONAL?

  • Protect your balance sheet
    • Global Trade Credit Insurance buffers the policyholder’s bad debt reserve, providing additional protection against large or unforeseen losses due to nonpayment of accounts receivables.
  • Obtain more attractive financing
    • Companies that finance their foreign receivables with a bank may find that they are able to obtain more favorable financing agreement by leveraging their receivables as part of a receivables financing program.
  • Expand sales
    • Insureds can confidently expand sales—and perhaps offer more competitive terms of sale to creditworthy buyers—knowing that the possibility of unforeseen losses is insured.

Our policy offers non-cancelable limits for the full policy term.

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ACCOUNTS RECEIVABLES PROTECTION AND CREDIT MANAGEMENT SERVICES

With our international partners you have a virtual Credit Department that offers companies fast efficient:

  • Customer credit analysis and credit-limit approval
  • Receivables insurance to protect against losses
  • Collection services for unpaid receivables

With our Trade Credit resources, companies can:

  • Grow their top-line by expanding sales without increasing loss exposure; obtaining larger lines of credit and more competitively priced receivables financing from banks; and offering more competitive terms of sale or relaxed credit terms to customers.
  • Manage credit risk by using our underwriting expertise and extensive company information database to assess the creditworthiness of customers quickly and cost-efficiently.  We also enable insureds to detect changes in the customer’s financial condition early on due to our continuous automated monitoring.
  • Reduce costs by minimizing and protecting bad debt reserves; lowering receivables management expenses; and outsourcing collections to a professional recovery service for a special low fee.