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4. Conclusion
The use of Trade Credit Insurance is a cost-cutting measure, as it avoids expenses such as :
search for information ;
customer situation analysis ;
possibly debt collection ;
credit extension ;
provisions for bad debts...
By indicating that the claim is insured, the bad-faith debtor is more likely to pay, and partners can be reassured that in the event of non-payment, the company will receive compensation!
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Conclusion
Bibliography
Websites
• AFDCC – Association française des "crédit manager" et conseils associés http://www.afdcc.com
• AUMA – German Trade Fair Association http://www.auma.de
• CESCE – Hispanic credit insurance specializing in Latino markets http://www.cesce.com
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