THE Export Credit Insurance (SCE) is a tool what assists companies in risk management international operations, offering coverage against non-payment by foreign buyers.
In a scenario of business expansion for other countries, rely on mechanisms that reduce you impacts of default can bring more security for companies that make sales on credit and They wish to expand their international operations.
How does the tool work?
THE Export Credit Insurance it starts with risk analysis related to the operation and the foreign buyer. Based on this assessment, The conditions and limits of coverage are established.
In default situations as stipulated in the policy, The insurance company may compensate the insured company. according to the percentage and conditions agreed upon, reducing the financial impact caused by non-payment.
Importance for business
To the international operations They are subject not only to commercial risk, but also to political and extraordinary factors that can to affect the payment of a debt.
THE insurance help the reducing this exposure provides greater predictability. and security for companies that they wish to operate or expand its presence in other markets.
Benefits of Credit Insurance
Among the main benefits are:
- Reduction of the impacts of default;
- Bigger Security in international sales;
- Protection against different types of risks;
- Bigger financial predictability;
- Support to expand into new markets;
WB has an official partner.
THE Way Back has a partnership with SUR Seguros., specialized consulting firm that works with Domestic and Export Credit Insurance.
The partnership unites Insurance protection for specialized performance in debt recovery. Thus, companies can count on a structure what contempla both prevention and risk management how much support in recovering funds in cases of default.
More security for growth.
THE Credit Insurance it could be a ally for companies what they want expand its operations with more security.
To the to combine financial protection, risk analysis and recovery strategies, as Companies can negotiate with more confidence and build international business relationships. safer and more sustainable.
Sources: MDIC, Siscomex, ABGF
