Senior managers and directors have considerable responsibility to ensure that threats to the sustainability of their businesses are controlled and managed. Within the framework of complying with the duties of managing a business, it is possible that credit risks may be overlooked. Yet the impact of a bad debt on the business can be catastrophic.
The real value of credit insurance, aside from balance sheet protection, is that it not only facilitates improved cash flow and lower borrowing rates, but also helps enable increased funding levels from your bankers. It creates a secure platform for developing trading relationships with new partners and products, or in new markets, giving you a competitive advantage over businesses that use their own balance sheets to fund such risks.
JLA is able to provide you with insurance terms and program structures that minimize your costs, while helping to maximize your protection levels.