The 5 good reflexes for a positive rating from your credit insurer

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Today, companies must deal with the unprecedented health and economic crisis. Beyond the measures that have been announced by the Government, there is concrete assistance provided by credit insurers to support the cash flow of companies and secure their commercial transactions.

What is credit insurance ? It is a guarantee intended for companies of all sizes which makes it possible to secure the receivables and increase sales thanks to advantageous payment conditions.

In order to maintain a relationship of trust and obtain payment terms, it is necessary to adopt the right reflexes to maintain a positive opinion with credit insurance companies, especially at this time. In partnership with Delta Assurances and Euler Hermes, world leader in credit insurance solutions, we asked Julien Busson – Customer Director at Delta Assurances, the 5 tips for maintaining a win-win relationship with your insurer.

1- Meet deadlines

 

  •  By paying my bills on the date indicated
  •  By reporting any dispute or difficulty

 

2- Publish my reports

 

  • These serve as a basis for the analyzes of credit insurers

 

3- Communicate with credit insurance companies

 

    • By responding to their requests and requests for information
    • By subscribing to their information exchange platforms

 

4- Complete my balance sheet with figures

 

  • Forecasts, budgets
  • Intermediate accounting situations
  • Cash plans

 

5- Communicate with my supplier

 

  • Communicate regularly with your supplier
  • Forecast future orders
  • Anticipate an increase in business volume

What do I gain from it ? #WinWin

Your suppliers will obtain a guarantee and will therefore be more inclined to grant you payment terms. The virtuous circle begins !


In this particular context with an economy largely at a standstill and inter-company credit under pressure. Intercompany credit is an essential source of financing for French companies.

Euler Hermes, is committed alongside the French public authorities to supporting French companies and helping them overcome this crisis by setting up a triple system of additional guarantees : CAP, CAP+ and CAP Francexport + d’infos ici.

These solutions will allow credit-insured French companies to benefit from additional cover granted by credit insurers and counter-guaranteed by the State.

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