Credendo, January 2019
Solutions & Know-how
How to mix a credit limit cocktail that tops your client’s expectations?
A client contacts you to cover a big shipment of raw materials to a ‘challenging’ non-EU country.
What if the first-line credit insurance could only cover 50% of the credit limit requested by your client? The reasons for this insufficient credit limit can be manifold: elevated country risk, poor creditworthiness, insufficient financial information, etc.
Does this really have to put your client in the dilemma of either facing the risk or losing the opportunity to sell? Not necessarily!
THE TAILOR-MADE CREDENDO SOLUTION
Ask your account manager at Credendo – Short-Term Non-EU Risks to mix a credit limit cocktail that matches your client’s request. Instantly, your Credendo contact will involve a colleague from Credendo – Excess & Surety to provide Top-Up cover. This Top-Up formula enables your client to cover amounts over and above the first-line credit limit.
A CREDIT LIMIT COCKTAIL WITH 2 EXTRA ADVANTAGES
1. Flexibility: your Credendo contact and their Credendo – Excess & Surety colleague share the same risk appetite to tailor a satisfying credit limit solution.
2. Swift decisions: all ingredients for the credit limit cocktail are prepared in-house. This allows you to serve your client a well-balanced solution in no time.
IT’S EASY TO EXPAND FIRST-LINE CREDIT LIMITS
Do you anticipate that a standard solution will not fit your client’s credit limit expectations? All you have to do is ask us to include a proposal for a Top-Up solution.