Insurance and Management of Receivables

Member and Partner of SAEI

Insurance and Management of Receivables

Basic information

With the ambition to become the most agile, global trade credit insurance partner in the industry, Coface’s experts work to the beat of the world economy, supporting 50,000 clients in building successful, growing and dynamic businesses. In 2017, Coface employed approximately 4,100 people in 100 countries and registered turnover of €1.4 billion.

Protect and help companies take credit decisions

The Coface Group’s services and solutions protect and help companies take credit decisions to improve their ability to sell on both their domestic and export markets.

Services

Coface is helping businesses take the right decisions. We are focused on the provision of services related to the management of receivables. We provide detailed sectoral and geographic risk analysis, the tools that really work to monitor and assess the risk of your partners. At the same time, we are focusing on providing advice and assistance to high-level professionals who cover the acquisition and provision of business partner information, credit insurance and debt collection.

Key services

Our company’s key services include credit insurance. The products within this service that Coface offers to its clients are:
• CofaceTradeLiner – safeguards your cash-flow and is an effective tool to enhance your credit management… bringing you peace of mind, financial stability and facilitating the healthy growth of your business. TradeLiner means continuous prevention and protection from the risk of non-payment of sales on your domestic and export markets, and sales of your subsidiaries.
• CofaceTopLiner – a complementary cover option for our TradeLiner customers. It is designed for situations where, for a given buyer, the insured company has received a guarantee with an amount which is less than that
requested or no guarantee at all. The price depends on the risk assessment and the amount and duration of the
requested cover.
• CofaceEasyLiner – is a credit insurance product for SME that generate turnover from from €300,000 up to
€5,000,000. It protects you against non-payment in Slovakia and abroad. Insurance can be negotiated online.
• CofaceGlobal Solutions – product designed for large multinational accounts. With this system, your purchases
are more cost-effective and your credit management policy is optimised in your subsidiaries.

Other services

• Business information – represent a comprehensive and flexible tool for managing credit risks. On their basis, you
can assess your potential and existing business partners and divide them into individual categories based on a composite risk assessment indicator.
• Debt collection – the involvement of a third party accelerates the collection process. We concentrate on time-consuming and frustrating procedures, and this allows you to focus on your business. We offer out-of-court and judicial collection.