40% of a company’s assets are in the form of trade debts. As a result, there is a greater chance that a business will experience a loss within its accounts receivable than any other asset.
Accounts receivables are a critical component of your balance sheet — they directly affect your cash flow and profitability. Organizations often fail to view accounts receivable as one of the most valuable assets that can and should be secured. By investing in a trade credit insurance policy, the coverage can help credit risk teams and other stakeholders manage the commercial and political risks that are beyond the organization’s control.
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