Capital goods credit insurance
With capital goods credit insurance not only can you insure your accounts receivable from delivery to payment, but they’ll also be protected right from the start of production. This type of insurance is most important for capital goods such as machinery or plant and equipment which have longer production lead times and payment terms to plan for. Thus high costs can arise even before delivery and risk that the client may become insolvent increases.
Depending on your needs, capital goods credit insurance not only covers economic but also political risk. An individual risk assessment and calculation is essential. It is common for this insurance to be offered in combination with forfaiting.
Through our international network we have global contacts to insurers and can select the right offer from a wide choice of providers. We don’t propose standard solutions, instead we try to find you the most appropriate option for every capital good.
Depending on your requirements the production risks can be insured and the country risks can also be offset through capital goods credit insurance. With that in mind we can advise you which risks are worth insuring and help you with completing the contractual obligations. Often federal coverage offers a good additional solution, and likewise this is something we can also request through our contacts.
Our areas of expertise
Optimise your risk management and secure your debts against payment defaults.
With the help of purchase financing you can ensure you get early payment discounts and rebates without being constrained by deadlines.
Through trade financing you can secure liquidity for trade and protect yourself against economic and political risks.
Using inventory financing you can convert your tied up capital in inventory into additional liquidity.
As with factoring, you sell your account receivables through forfaiting. Thereby profiting from additional liquidity and protecting you from bad debt.
Longer credit periods for the buyer, faster liquidity for the suppliers – with reverse factoring both profit.
With factoring you can convert your account receivables into direct liquidity and create financial freedom for your company. Additionally, you are protecting yourself against bad debt.
Through leasing, capital goods – from production machinery through to IT systems – are not purchased but instead can be used over time. As there are no purchasing costs, leasing protects the liquidity.
As your business grows so does your financing requirement. We can help you to get additional credit lines from banks.
Not all invoices are paid within the due date – in these situations debt collection companies can help you with the dunning process right through to legal foreclosure.
Trust is good but knowing in advance is better: avoid payment defaults and get credit references and credit worthiness reports about your business partner.
Using capital goods credit insurance, safeguard production risks as well as lengthy credit periods.
With guarantee and surety insurance, the insurer undertakes warranties, guarantees and similar sureties in order to fulfil your liabilities.
Additional Top-up cover helps to avoid shortfalls in credit insurance policies.
Single-buyer credit insurance protects you against the default risk of individual buyers.
The multi-buyer policy is a special type of credit insurance which allows you to insure a selected group of clients.
Protect yourself with retrospective coverage against insolvency disputes.
A lot of business transactions are based on trust. Insure your company against abuse of this trust from personnel or fraudulent internet crime.