Economy Nearing the Top – 4 Indicators to Watch
Recently, there have been several signs that we’re nearing the top of the economic cycle. Here are four indicators that the economy is reaching its peak and three things to consider to prepare for the downturn whenever it happens.
Why Businesses Overlook Trade Credit Risk? Part 2
My last article described several reasons why businesses owners and financial managers overlook the risk of getting paid. In Part 2, I’ll describe two ways that credit insurance helps a business better manage their risk. Increase operating efficiency Many times,...
Why Businesses Overlook Trade Credit Risk? Part 1
“We’ve collectively lost sight of what insurance actually is: a way to protect yourself against a possible future outcome. Some of the people who buy the insurance will eventually be affected by that outcome. Others never will be. But since none of us can...
5 Reasons a Customer May Not Pay
Over the last year, a lot of businesses aren’t getting paid by their customers! Credit insurance claims are up significantly. Commercial bankruptcy is up 26% from 2015 to 2016. Payment patterns are
3 Ways a Credit Insurance Policy Adds Value
Each company’s decision to use credit insurance is based on their specific needs. There are however, three universal ways a policy adds value to everyone’s…
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