Credit protection is used to protect against the risk of non-payment by a customer. A business concerned about the risk of default or non-payment can draw up an agreement with a company such as Allianz Trade to provide credit protection services
The checklist is specifically designed to guide decision-makers and project owners through the key decision points for a successful surety bond strategy.
Gearing ratio is one way to measure a company’s financial health. It involves comparing the company's capital to the amount of money the company has borrowed.
Once you have decided to extend credit, you need to establish credit terms. Credit terms refer to the specifications for invoice payment at a later date.
The pros and cons of extending credit to customers
By extending credit to customers, you are telling them that you trust them to pay their bills, and you are financially healthy with access to working capital.
One of France’s most dynamic companies in the temporary employment sector, Mistertemp’ Group, shares its success story of putting surety bonds to work.
