COFACE’S RESPONSE TO YOUR NEEDSInsuring your company’s sales is vital to ensure its long-term viability. Thanks to our database covering more than 80 million businesses worldwide, combined with our network of collection experts in 100 countries, at Coface we offer you unique knowledge of your customers within more than 200 countries, to help you make fair and accurate decisions for all your operations.
After an in-depth analysis of this retailer’s situation, Coface warns the company of the customer’s non-payment risk. The CEO, with input from the plant manager and the head of sales for large accounts, is nevertheless prepared to proceed with this order, which alone would increase the company’s annual sales by 5%.
After further reflection, the chief financial officer decides to request a meeting with a Coface analyst, who convinces him emphatically of imminent and serious difficulties with the prospect. In the end, the company passes up the deal and leaves it to a competitor. That competitor is never paid by the retailer, which files for bankruptcy just a few weeks after the meeting with Coface.
OUR OFFERS TAILORED TO YOUR NEEDS
A unique structure that coordinates Coface's operational experts in 100 countries enables multinationals to develop bespoke solutions for managing and securing their receivables.
We also offer access to our global database with information on debtors, our 340 specialized risk underwriters covering each business sector and our comprehensive knowledge of country and sector risks.
TradeLiner secures your commercial transactions and protects you against the risk of unpaid invoices.
You can develop your turnover with peace of mind, and access new bank financing solutions. You benefit from all the advantages of credit insurance.
Coface EasyLiner was designed specifically for the needs of SMEs. You can take out the credit insurance fast, easy and 100% online. So your company benefits from a prompt comprehensive coverage of risks in the event of payment default or insolvency of your buyers. Additionally, EasyLiner offers lots of further advantages for your company, e.g. the whole assumption of debt collection, only 10% self-insured percentage and a satisfaction guarantee for new customers!
For credit insurance, “TopLiner” offers an additional cover between 5,000 and 5 million EUR. It is designed for situations where, for a given buyer, the insured company has received a guarantee with an amount which is less than that requested or no guarantee at all.