CREDIT (RECEIVABLE) INSURANCE
The changing world and the increasing risks have increased the importance of Credit (Trade Receivables) Insurances.
The changing world and the increasing risks have increased the importance of Credit (Trade Receivables) Insurances.
The changing world and the increasing risks have increased the importance of Credit (Trade Receivables) Insurances.
With its expert and experienced staff, NART provides a huge service regarding Credit (Trade Receivables) insurance, which can protect and grow your financials and create more favorable financial conditions for you by accurately analyzing your company’s needs.
Credit (Trade Receivables) Insurance
It secures the sales of goods and services with a maturity of up to 180 days, made at home and abroad, against the risk of non-payment.
Credit Insurance provides assurance against 2 types of risks:
- Commercial Risk
- Bankruptcy
- Late payment
- Political Risk ( export )
- War, Embargo
- Risk of no funds transfer
- Public buyer’s non-payment risk
Why Credit (Trade Receivables) Insurance?
- Credit insurance basically targets 3 issues.
- Prevents or controls risk.
- Provides debt collection.
- It ensures the payment of compensation in case of damage.
Who Can Benefit From This System?
- Businesses that fall under the Micro and Small business class;
- Cash, credit card, letter of guarantee, DBS, sales with letter of credit, sales other than sales to the public
- Sales against open account, against goods and against documents (including cheques and promissory notes)
- Postpaid Invoice Sales
- Sales to Legal Entities (a sole proprietorship, ordinary partnership, etc.)
