COFACE’S RESPONSE TO YOUR NEEDSInsuring your company’s sales is vital to ensure its long-term viability. Thanks to our database covering more than 65 million businesses worldwide, combined with our network of collection experts in 100 countries, at Coface we offer you unique knowledge of your customers, to help you make fair and accurate decisions for all your operations with nearly 200 countries.
After an in-depth analysis of this retailer’s situation, Coface warns the company of the customer’s non-payment risk. The CEO, with input from the plant manager and the head of sales for large accounts, is nevertheless prepared to proceed with this order, which alone would increase the company’s annual sales by 5%.
After further reflection, the chief financial officer decides to request a meeting with a Coface analyst, who convinces him emphatically of imminent and serious difficulties with the prospect. In the end, the company passes up the deal and leaves it to a competitor. That competitor is never paid by the retailer, which files for bankruptcy just a few weeks after the meeting with Coface.
OUR OFFERS TAILORED TO YOUR NEEDS
Prevention and cover against non-payment risks for your invoices. In this way, you will be able to secure your commercial operations in Belgium and internationally. The operations insured may range from consumer goods to services and international trade (100% foreign products).
TradeLiner secures your commercial transactions and protects you against the risk of unpaid invoices
You can develop your turnover with peace of mind, and access new bank financing solutions. You benefit from all the advantages of credit insurance.
A unique structure that coordinates Coface's operational experts in 100 countries, enabling multinationals to develop bespoke solutions for managing and securing their receivables.
Coface also offers access to its global database with information on 68 million debtors, its 350 specialised risk underwriters covering each business sector and its renowned knowledge of country and sector risks.
Supplementary cover ranging from 5,000 to 5,000,000 euros which you can benefit from if you have a Globalliance policy. With TopLiner, you can move forward with all your development projects. You submit applications online and receive an instant response thanks to Cofanet, Coface’s secure personalised platform.
CofaServe is a real-time web data exchange solution enabling Coface credit insurance management in your IT systems. It is an alternative solution to Cofanet, the Coface platform for the online management of credit insurance policies, and especially fits companies regularly managing hundreds of credit limits.