Tips for Managing Credit & Risk Trading​

Trade credit, or an agreement that your customer can purchase goods or services from you and pay at a later date, is a normal process in B2B transactions. It’s an effective tool to encourage sales and stimulate business growth.   Yet, any time you invoice clients at a later date after providing goods or services, you expose your business to the risk of late payment or default. This can disrupt your cash flow, the lifeblood of your business.   Determining customer creditworthiness before you extend credit is an effective way to reduce your financial risk. Read on to learn the best practices and important resources to help you understand how to assess customer creditworthiness.   To protect your business from late payment or nonpayment on invoices, it is important to use the right tools to thoroughly check the creditworthiness of customers before you extend credit. Here are six ways to determine creditworthiness of potential customers.

Learn about bad debt, including its causes and available remedies, how to collect them, and how to prevent them in the future. Protect account receivables.

Business-to-business (B2B) transactions often involve large amounts of money, and companies are always looking for ways to increase their average deal size. Here are some strategies that can help you achieve this goal:

Trade credit insurance can protect businesses from bad debts arising from customers defaulting on payments. However, is the cost of trade credit insurance worth it? Learn how to compare the cost of trade credit insurance to potential loss from bad debt, and use a credit insurance calculator to make an informed decision.

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Most businesses today are used to deal with day-to-day business losses. But what happens when you’re confronted with a large, unexpected loss? In this article, Anke Uebele, Head of XoL in Germany, Austria and Switzerland, answers “what is XoL in insurance?” and reviews the excess of loss cover Allianz Trade can provide.

The ‘highly transmissible’ nature of insolvencies of large companies and their undesirable effects. Some rules of thumb on how to spot signals and be prepared.

Unpaid invoices are serious threats to businesses' financial growth. Read these 10 tips from Euler Hermes on how to detect signs of customer non-payment here.

Keeping a close eye on your cash flow is the key to growing a successful business. Allianz Trade shares 12 tips to help you improve your cash flow.