Trade Credit Insurance

Credit insurance solutions tailored to meet your business needs

Coface Trade Credit Insurance provides companies of all sizes and sectors, in the U.S. and beyond, with the security they need to strengthen their financials and avoid the risk of non-payment. Learn more about our flexible solutions designed to meet your business needs.

Why choose Coface Trade Credit Insurance?

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Trade credit insurance is an integral tool in your risk management practice, but with Coface, you'll receive much more than this.

Coface is a global leader in the risk management industry with more than 75 years navigating unpredictable economic conditions. When you choose Coface Trade Credit Insurance, you'll be able to operate smarter and safer with the full weight of our global expertise in your corner.

Why choose Coface Trade Credit Insurance?

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Coface risk experts actively monitor the financial health of millions of businesses around the world and make this information available to you. Our risk underwriters, account managers, and claims specialists are available to support your unique needs and help your business achieve your growth ambitions.

From economic briefs to unique business information data and insights, Coface can help your business operate smarter and safer to achieve your growth ambitions and more.

What is trade credit insurance?

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Trade credit insurance is a customized solution that helps companies grow their businesses safely.

Whether you are looking to enter a new market, expand relations with a key customer, or simply increase your sales, Coface Trade Credit Insurance can help you minimize risk while advancing your growth ambitions.

What is trade credit insurance?

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Trade credit insurance is a protective policy that allows companies to safeguard cash flow, insure their receivables, and – quite often – seek better financing terms from banks and lenders. Trade credit insurance protects invoices from excessive late payments or default by customers. Coface covers the credit risk and compensates your loss by indemnifying you.

Grow sales safely
Expand your business with confidence in new markets and with new customers. Trade credit insurance can limit your exposure while you grow your sales and business.
Protect your business from bad debt
Twenty-five percent of companies will go out of business due to non-payment by their customers. Trade credit insurance limits exposure and mitigates catastrophic losses from bad debt.
Access global risk expertise
Tap into Coface's global network of risk specialists, including economists, underwriters, and analysts, to help safely navigate your growth strategy.
Unlock better financing
With trade credit insurance protection, businesses may unlock new sources or better financing terms.
Collections expertise
Let our experts oversee collections while you focus on growing your business. Our expansive, international network guarantees fast and efficient collection to help you maintain strong relations with your clients.
Safeguard with indemnification
Protect your cash flow and ensure your margins are secure through indemnification. If you fail to recover your insured debts, we will compensate you for the loss suffered up to 90%.

Let's find the right solution for you. Contact a Coface expert today.

Get in touch

Innovative solutions for better risk management

Coface customers can easily manage policies and monitor risk from our secure CofaNet Essentials online platform.

CofaNet Essentials provides access to real-time information about your clients and trade partners. Manage client portfolio and guarantees requests, report outstanding invoices, and keep track of claims with the click of your mouse.

On the go? Download CofaMove app for CofaNet Essentials on your preferred mobile device.

Integrate Coface risk expertise directly into your business through an API connection. By using the Coface API Portal, we're able to provide a seamless connection for simplified policy management in existing business technology tools.

An API connection allows your business to easily elevate risk management, enhance credit decision-making, and fortify financial strategies by leveraging Coface information and expertise. The Coface API Portal helps customers maximize efficiency with a secure connection to broader risk expertise.

> Visit the Coface API Portal

Coface Risk Dashboard provides interactive reporting to monitor real-time performance and health of clients and trade partners.

Using this advanced digital tool, program managers can easily view their program's global exposure, including subsidiaries. Beyond the consolidated risk of buyers, the Coface Risk Dashboard also implements a cohesive risk governance for your entire operation to help streamline your business globally. Other unique features include:

- Geographic and sector comparisons

- Control of objectives linked to customer credit

- Calculation of the acceptance rate for risks and indicators over the last 48 months

- Statistical analysis of reasons for refusal of coverage

- Identification of aggregates in trade risk exposure

- Claims support and follow up

Is trade credit insurance worth it?

Protection from a catastrophic loss is essential in today's complex global trade environment. At Coface, we believe all businesses deserve to be safeguarded.

It's estimated one in four companies will go out of business because of customer non-payment. While trade credit insurance can be a lifeline for your business in these scenarios, it offers so much more. Many customers find that credit insurance policies easily pay for themselves through other benefits such as early risk detection, sales growth, and improved financing terms.

Protect your business with Coface risk expertise

100000customers

200countries covered

685billion exposure

AStable outlook

A1Stable outlook

AA-Stable outlook

What does failure really cost you?

Margin rates

%

Total outstanding invoices :

$

The extra turnover needed to make up for loss

The simulation above shows the additional turnover that your company must achieve to compensate for the loss due to a non-payment.

Get a free analysis of your client portfolio

Comparing credit insurance with other options

Testimonials

Global trading partner of steel products

[Coface is] a TCI partner who's got a global reach, a ton of information about various counterparties out there, and the ability to act quickly.

Global cosmetics manufacturer

They treated us based on us. It really wasn't cookie cutter and it was that engagement that led us to select Coface.

Top-5 European Automaker

Our regular interactions with the teams at Coface help us analyse, evaluate and prevent our risks.

Frequently asked questions

Trade credit insurance protects companies against the risk of unpaid customer debt, late invoice payment, and customer insolvency. In the event of non-payment, Coface transfers an indemnity that cushions the blow of the loss. It is a type of non-payment insurance for businesses.

Business credit insurance provides three vital services to avoid the risk of customer non-payment: Prevention of unpaid debts including monitoring your debtors; collection management; and indemnification if the customer fails to pay.

Trade credit insurance can give you peace of mind knowing that your business will be protected in the event customers default. Carrying business credit insurance can also give you leverage with banks when it's time to secure new financing. With trade credit insurance, collecting or managing overdue receivables will become a thing of the past – guaranteed.

Yes. A credit insurance contract is a guarantee against non-payment by your customers, customer insolvency, and for all undisputed invoices. The information supplied by the credit insurer keeps bad debters away from buyers who are being monitored.

Thanks to our online platform, CofaNet, using trade credit insurance through Coface is easy. After you've submitted a request on CofaNet for your customers to be monitored, we will report back to you if there is a downturn in your customer's solvency. If there is not, you can move forward with your sales with confidence. And in the event of non-payment, we'll take over the collection process, so your past due invoices are finally paid.

We design solutions for companies of all sizes and recommend credit insurance for any business looking to increase sales, enter new markets, or increase exposure with key customers.

Supplier credit insurance protects you against the risk of non-payment. Also called business credit insurance, customer credit insurance, credit risk insurance, bad debt insurance or simply: credit insurance. It is, essentially, customer non-payment insurance for businesses.

Export credit insurance is often another term to describe trade increase insurance. Specifically, it refers to covering your export credit. Coface is directly present in over 100 countries and covers over 195 countries worldwide, making us an ideal export credit insurance partner.

If your client is pleading a commercial dispute to avoid paying you, our collection managers will check that they are not acting in bad faith in order to conceal their inability to pay. If the dispute is verified, we will simply suspend our collection process while we let you settle the dispute within the context of your customer-supplier relationship. The guarantee is reactivated once the dispute has been resolved, and the invoice can be indemnified if the customer is unable to settle it.

Trade credit insurance for the protection to grow

Credit insurance solutions tailored to meet your business needs

Credit insurance for small to large companies