credit insurance

The coronavirus holds us all in its grip. How the virus develops in the coming period, we cannot predict. But that the pandemic will have a huge impact on the global economy is clear. That means you need to keep a sharp eye on (the terms of) your credit insurance - with our help. In this blog, we list eight things you need to know and what we can do for you. This also applies to uninsured companies. Credit insurers may still have options now, so it is not too late to act.

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.

Not so long ago, arranging a business loan was surprisingly simple. You stepped into a bank with an empty wallet and out again with a full one. Those times are over. Fortunately, today there are more ways to get business finance. However, the majority of entrepreneurs still do not look beyond their home banker, while alternative forms of financing also offer advantages. Like the combination between financing and single risk credit insurance.

Big data and Artificial Intelligence. These are topics discussed at many boardroom tables, perhaps also at your company's. Many credit management providers, including credit insurers, have already invested millions in these. Their ultimate goal: to save costs by streamlining risk assessment, debt collection and work processes more efficiently.

Entrepreneurship is about taking risks. Risk of success, but also of failure. Which way things go, you may be able to estimate broadly, but failure can always suddenly be just around the corner. Therefore, to ensure the continuity of your business, your risks need to be properly calculated. In particular, the creditworthiness of buyers is an important consideration, Coen Blazer, credit analyst at Xolv, explains in this article.

No doubt you have had them at the table before, the insurance agents who walk into your office with a folder full of policies. They try to sell you separate products. From fire insurance to legal expenses insurance and everything in between. But why seek treatment for an ailment for which there is very little chance that you will ever get it? So our advice is: consult your GP first and only then go to the specialist.

Is your supplier getting insufficient limit on one of your buyers? No stress! There are several ways to still cover your risks in the best possible way, so that you can do business carefree. Below, we list six ways.

In practice, it appears that Dutch entrepreneurs are often not or not sufficiently aware of the consequences of a bankruptcy pauliana when delivering to Germany. The German trustee can reclaim already paid turnover under the so-called ' Insolvenzanfechtung '.

It will not be the first time that a company collapses in the months when it pays holiday pay and remits payroll tax on it. The cash deficit has then grown too far, partly due to non-paying customers. How can you arm yourself?