TRADE CREDIT INSURANCE CASE STUDIES & TESTIMONIALS
"The Euler Hermes team made us feel so comfortable about the situation and confident that it would get resolved. When you are facing an enormous financial loss, having someone knowledgeable, supportive, and responsive in your corner can make all the difference. We are very, very happy with the service we received."
– Alp Benadrete, Managing Partner in Charge of the Home Textile Division for EDPA
Faced with regular market fluctuations, lumber companies need to be particularly vigilant about the potential risks within their client bases. As the foundation of its proactive risk management approach, Weston Forest Products uses credit insurance to accurately monitor its customers’ financial health and protect its business against bad debt.
Serving the needs of startup and enterprise companies presented Vision Business Products with tough credit limit decisions on a regular basis – leaving the company to hold down limits for fear of default. Signing a credit insurance policy with Euler Hermes gave the company the confidence it needed to offer the right limits and to grow safely.
Managing international business risks and checking customers’ credit became a hassle and slowed Fall Creek’s operations. By leveraging credit insurance and a more effective and faster credit management process, Fall Creek has been able to expand its market share around the world.
Johnstone Supply was experiencing rapid growth but was looking for a solution to minimize the credit risks that come with taking on new clients. Trade credit insurance helped them expand aggressively and safely.
Trade Risk Studies: Understanding Major Bankruptcies
Business insolvencies are on the rise. Do you know how your current clients are doing? Read how some of the companies below ended up declaring bankruptcy.
COVID-19 crisis disrupts major retailer's debt restructuring