Giving businesses the protection to grow

If your client is pleading a commercial dispute to avoid paying you, our collection managers will check that they are not acting in bad faith in order to conceal their inability to pay. If the dispute is real and bona fide, we will simply suspend our collection process while we let you settle the dispute within the context of your customer-supplier relationship. The guarantee is reactivated once the dispute has been resolved, and the invoice can be indemnified if the customer is unable to settle it. 

Thanks to our online platform, CofaNet, using trade credit insurance through Coface is easy. After you've submitted a request on CofaNet for your customers to be monitored, we will report back to you if there is a downturn in your customer's solvency. If there is not, you can move forward with your sales with confidence. And in the event of non-payment, we'll take over the collection process, so your past due invoices are finally paid.  

Credit insurance can give you peace of mind knowing your business will be protected in the event customers default. Carrying business credit insurance can also give you leverage with banks when it's time to secure new financing. With trade credit insurance, collecting or managing overdue receivables will become a thing of the past – guaranteed. 

We design solutions for companies of all sizes and recommend credit insurance for any business looking to increase sales, enter new markets, or increase exposure with key customers. 

Business credit insurance provides three vital services to avoid the risk of customer non-payment: Prevention of unpaid debts including monitoring your debtors; collection management; and indemnification if the customer fails to pay.

Yes. A credit insurance contract is a guarantee against non-payment by your customers, customer insolvency, and for all undisputed invoices. The information supplied by the credit insurer keeps bad debters away from buyers who are being monitored. 

Export credit insurance is often another term to describe trade increase insurance. Specifically, it refers to covering your export credit. Coface is directly present in over 100 countries and covers over 195 countries worldwide, making us an ideal export credit insurance partner. 

Supplier credit insurance protects you against the risk of non-payment. Also called business credit insurance, customer credit insurance, credit risk insurance, bad debt insurance or simply: credit insurance. It is, essentially, customer non-payment insurance for businesses.

Trade credit insurance protects companies against the risk of unpaid customer debt, late invoice payment, and customer insolvency. In the event of non-payment, Coface transfers an indemnity that cushions the blow of the loss. It is a type of non-payment insurance for businesses.