by Tate Parker | Jan 22, 2019 | Credit insurance basics
When considering a credit insurance policy, everyone needs to understand how coverage decisions are made by the insurance company. After all, approving coverage (protection) of your customer accounts is why companies use credit insurance in the first place. A coverage...
by Tate Parker | May 12, 2020 | Business Owners/CFOs
Almost every time I ask a business owner or financial manager about their credit process, I hear a story about how much they dislike their credit reports and credit reporting service. The way they describe the relationship, it’s as if they need to take a shower...
by Tate Parker | Jul 30, 2019 | Bankers/Lenders, Business Owners/CFOs, Credit insurance basics, Insurance Brokers
Every company that begins to use a credit insurance policy has a few steps to take to fully implement that policy to begin to utilize it fully. Here’s how. Quoting The first step in using credit insurance is to complete an application and get a quote. Part of...
by Tate Parker | May 14, 2019 | Business Owners/CFOs, Credit insurance basics
Can credit insurance cover foreign accounts or only domestic? I recently wrote about how coverage decisions are made (How Credit Insurance Coverage Decisions Are Made), but what if your customer is outside the US? Can those sales be protected too? Why insure foreign...
by Tate Parker | Jan 23, 2018 | Credit insurance basics
Almost every month, I’m referred to a business who has interest in protecting their accounts receivable and cash flow using trade credit insurance… but only on a single buyer (customer). The conversation usually goes something like this: “Yes,...
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