Faced with regular market fluctuations, lumber companies need to be particularly vigilant about the potential risks within their client bases. Weston Forest Products uses credit insurance to accurately monitor its customers’ financial health and protect its business against bad debt.
International Fleet Sales learned that its path to continued success would depend on its ability to reduce concentration risk with large clients and to confidently extend credit on larger deals. The company found a strategic solution to those issues with credit insurance.
When costs in the scrap metal industry began to soar above historic norms, Utah Metal Works realized using a bad debt reserve to self-insure was becoming inefficient and left the company vulnerable to catastrophic losses. Credit insurance provided the company with protection and many other benefits.
Serving the needs of startup and enterprise companies presented Vision Business Products with tough credit limit decisions on a regular basis. Signing a credit insurance policy gave the company confidence to offer the right limits and grow while safely mitigating risk.
In the metal supply industry, the ability to make quick & accurate credit decisions can mean the difference between deals won and deals lost. Speed to market challenges within Hadco’s internal credit processes were becoming a competitive disadvantage until it found the support it needed with Euler Hermes.
As Ronald A. Chisholm Limited conducted its regular business of shipping meat around the world, an unprecedented, high-profile international situation occurred —with the potential to have major financial ramifications. Thankfully, Chisholm secured a political risk credit insurance policy from Euler Hermes.
In the often volatile apparel industry, a steady cash flow and proactive risk strategy are imperative for successful growth. On the advice of Marcum LLP, a CPA firm, CP Shades thus implemented credit insurance as a comprehensive solution to mitigate risk and strategically grow sales.
Blueberries taste so good, ship so well and deliver such huge health benefits that the industry is growing by leaps and bounds. But to maintain that leadership position, Fall Creek Farm & Nursery knew it could not stand still—the company had to continue to grow deep roots all over the world.
Recently, Edwin Sahakian began a search for a solution to his credit management problems. He discovered credit insurance and redefined the way his company, Ardwin Freight, conducted business.
Caught up in an extended decline in the lumber industry sparked by the great recession, specialty forest products suffered a significant customer loss and bad debt increase. Trade credit insurance helped jump-start its recovery.
Faced with the often unpredictable business challenges presented by globalization, changing consumer behavior, and key demographic shifts, Del Campo Supreme, Inc., added credit insurance to its risk management strategy to help safely grow its top line.
The economic downturn wrought considerable damage among staffing companies, highlighting an opportunity for The Staffing Edge to better safeguard itself and its member companies with the protection of credit insurance.
Partnership is an often over-used word in business, and yet it perfectly captures the relationship between Acer, the global it giant, and Euler Hermes, the world’s largest trade credit insurer.
Canadian technology company Mircom discovered the true value of credit insurance goes well beyond that of claims coverage alone.
Iconic footwear maker keen discovers business as usual can continue with the confidence credit insurance affords.
Innovative logistics provider OTR transportation learns that credit insurance does much more than protect a/r.