Credit insurance for small and mid-size businesses
Small and medium sized businesses face a lot of challenges today. One such challenge is risking bad debts or unpaid accounts receivables. Coface offers EasyLiner, a credit insurance product that protects you against unpaid invoices in India and abroad. It is specially designed for Indian companies with an annual sales turnover between A$750,000 – A$5,000,000.
Easyliner consists of three essential elements for the effective management of the credit you give to your customers:
- Information and advice on your buyers to prevent non payment
- Collection of your unpaid bills
- Compensation and indemnification of up to 90% of the approved outstanding amount
HOW DOES EASYLINER WORK?
- Get Information and advice on your buyers.
- Give Coface the responsibility of collecting your unpaid invoices.
- Receive compensation on the protracted default of your buyers, in the event of insolvency.
- Manage your contract, the credit facilities of your buyers and claims via the simple, secure platform of CofaNet.
EASYLINER IS THE CREDIT INSURANCE FOR SMES THAT...
- improves your credit score
- grows your business safely
- helps you to secure better borrowing terms and access more working capital facilities from financiers by assigning the insurance policy to them as security
- Comprehensive coverage : A cover that ensures you are compensated in the event of payment default or insolvency of your buyers
- 100% Online Management : Just a few clicks to guarantee cover for your operations
- Peace of mind : Your turnover is secure and you are safe from unpleasant surprises.
- Competitiveness : Preserve and strengthen your competitive advantage and give more credit to your customers with confidence
- Financial support : Gain credibility and reliability in the eyes of your partners as well as easier access to bank financing