Does your company trade with a few large customers? Is the majority of your revenue from only a handful of companies? If so, you may be exposing your business to significant financial risks.
A business is considered highly concentrated, for example, when approximately 80% of a company’s sales is generated by 20% of the total customer base. In other highly concentrated […]
Self insuring is the concept that a business sets aside cash to cover losses incurred due to the default of outstanding receivables. In today’s volatile and uncertain economic climate, there is very good reason to not self insure and every reason to protect your company with trade credit insurance. The primary reason one should not self insure is due to […]
We are quickly moving through the year with many questions and uncertainties.
Company bankruptcies are on the rise. Payment default is at an all time high.
For businesses trading on open credit terms, there hasn’t been a better time to protect cash flow from losses due to customer non-payment default.
Accounts receivable are an important component of any company’s balance sheet. Cash […]