credit information

Taking risks is part of being an entrepreneur. To make an informed choice about which risks you will or will not accept, up-to-date business information is important. What is the financial situation of your (future) customer or supplier? What is its creditworthiness like? Last year went well according to the public financial statements, but what does that say about the future? In this article, we discuss the importance of having up-to-date data for assessing the risks of your customers or suppliers.

Whether the fraud is committed inside or outside your company, financial losses usually have a major impact on your business. You will probably have to incur costs to mitigate further losses, such as the costs of legal proceedings. With fraud insurance, you protect yourself against financial losses and costs. In this article, you will read about the benefits of fraud insurance at Euler Hermes and we answer frequently asked questions about taking out fraud insurance.

Fraudsters operate in almost all sectors and are becoming increasingly creative. They purchase goods or services without paying, send fake e-mails to find out personal information such as bank details or send ghost invoices. This kind of fraud poses a serious business risk. How can you guard against it? We give you tips to protect your business so that you do not become a victim of scams.

The world has gone down quite a few gears in recent weeks. The coronavirus COVID-19 has huge implications on our daily lives and the economy. Many companies are (of necessity) looking for new sales channels. Companies that can no longer do business on account with their existing suppliers will also start looking for new suppliers. Because of all these changes, it is extra important to know who you are doing business with. Xolv makes this a little easier for you, thanks to a great offer in cooperation with CreditDevice.

As an entrepreneur, you want to do business without worries. You cover worries about debtors with credit insurance. But what if your supplier suddenly says that your company is no longer good for its money? Then you have a problem. Especially as the effects of the corona virus are also increasingly impacting the economy, coverage on your own business becomes even more important. In this article, we tell you what you can do in such a situation.

Doing business with a crook. That won't happen to me, you think? Well, many fellow entrepreneurs thought so too. Yet more and more are falling into the trap of fraudsters, who are becoming increasingly sophisticated. Indeed, our cooperation partner Coface saw an increase in the number of claims reports in the first two quarters of 2019 as a result of fraud for good reason. In this blog, we explain more about the modus operandi of fraudsters as well as give tips on how to avoid being scammed.

Every organisation faces defaults. Non-payment not only has a direct impact on cash flow and liquidity, it can even get organisations into trouble. Why you can reduce the likelihood of non-payment with a credit information report, read here.