Accounts Receivable Insurance in Detroit, Michigan
In business, there are risks you take to push your company forward, and risks you avoid to yourself from taking a step backward. One of the biggest risks that businesses deal with on a regular basis is extending credit to customers. There’s no guarantee that they can pay it back, and if they don’t then you’re left with the bill. However, you don’t have be stuck with a loss. With receivables insurance in Detroit, MI from Global Commercial Credit, you’ll be covered for credit losses. That means if your customer doesn’t pay, we’ll pay you the amount they owed.
Benefits of Accounts Receivable Insurance in Detroit, MI
To make money, you have to take some risks. But there are some risks you don’t have to take, like getting burned with bad debt from customers who don’t pay you. Our receivables insurance in Detroit, Michigan can make sure you’re never left holding the bill, plus you get all of these benefits, too:
- Expanding Your Sales – With credit coverage, you can extend more credit to existing customers and offer it to new customers without worrying about losing your money
- Credit Decision Information – With our detailed credit information, you’ll know which customers to trust when offering credit.
- Catastrophic Loss Protection – If bad debt leaves you with a huge loss, we will cover it so you don’t lose anything
- Less Bad Debt Reserves – You won’t need as much bad debt reserve with our insurance, so you can easily manage more write-offs
- Increased Borrowing Power – With less risk for bad debt, your working capital is high which also increase your borrowing base
Insure your Business with Accounts Receivable Insurance in Detroit, MI
Don’t let avoidable risks ruin your business! You don’t have to foot the bill if a customer decides not to pay theirs, let receivables insurance in Detroit, Michigan cover you so you don’t get burned. Global Commercial Credit can take care of their debt, and you can keep your business running without a hitch. And, if you want to explore options for customers in foreign countries, you can be sure that they are trustworthy with our detailed credit information. If you want to protect your business while increasing your borrowing and credit power, get receivables insurance in Detroit, MI from Global Commercial Credit today!