Trade Credit Insurance
Trade Credit Insurance
Trade credit insurance to empower your business growth
It protects sellers of goods and services on credit against the risk of customer non-payment due to customer insolvency, protracted default and political events including acts of war that prevent contract performance.
Increase your funding levels from the banks
Create a secure platform for developing trade relationships with new partners and products. Trade credit insurance gives you a competitive advantage over businesses that use their own balance sheets to fund such risks.
Safely and aggressively grow sales with new and existing customers.
Protect against bad debt loss and get paid by customers as expected.
Acquire credit decision support and information on your customers.
Turn receivables into insured assets to improve bank financing terms.
Help avoid an unexpected significant impact on your company.
Lower your company's bad debt reserve.
Foundation for your secure growth
Open up sales opportunities for your business growth without any loses
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Pursue larger customers
that otherwise seemed too risky -
Grow your business
with your existing customers -
Increase the number of days
for payment terms -
Increase borrowing availability
on pledged receivables
Apply for trade credit insurance easily
Our VoloFin USA broker will help you throughout the whole process for your trade credit insurance.
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Speak to broker
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Complete application
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Market the application
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Bind the policy
We offer a range of trade credit insurance to suit your industry’s unique needs
As an agro commodity exporter our business is very seasonal. Our current banking lines can be insufficient for growth during this period. VoloFin helped us mitigate the working capital gap.
Chillies Exporter
We deal with multiple buyers from across the globe, VoloFin's intuitive portal made the task of adding buyers and sending new funding requests very easy and quick. We can now avail working capital with just a few clicks.
Garment Exporter
Accelerate your order finances today
Singapore, 17th March 2022 - VoloFin, a blockchain-powered fintech platform with operations in Singapore, USA, and India announces strategic partnership with US-based alternative asset management group, Highmore.
Over the last few years due to the global pandemic, businesses and economies across the world have suffered setbacks, some bounced back stronger than expected while some continue to reel under the pressure of the challenges that COVID 19 brought.
Singapore, 17th March 2022 - VoloFin, a blockchain-powered fintech platform with operations in Singapore, USA, and India announces strategic partnership with US-based alternative asset management group, Highmore.
Frequently asked questions
Our team is standing by and ready to help. Get live support from our team by phone, chat, or email, or reference the help center anytime.
Business insurance which covers losses arising from non-payment for goods or services from commercial and political risks.
The premium for trade credit insurance is based on a percentage of company sales, conservatively around 0.25 cents on the dollar. For example, if sales are $10 million, the premium would typically be less than $25,000
Turnover and business profile – including industry sector, payment terms, number of customers and previous loss history.
Simply put, businesses of all sizes can benefit from good credit management. Multinational companies use trade credit policies to help mitigate risk as part of the corporate governance to protect their owners or shareholders.
Based on the financial strength of a client’s covered trade partners, insurance providers typically assign each one a specific credit limit. Should the buyer fail to pay for goods or services, the insurer will cover losses up to that indemnity ceiling.
Fast, flexible working capital solutions to
Empower your business growth
Accelerate cash flow. Free-up liquidity trap. Instant funds for exporters
We started working with VoloFin in 2021, VoloFin helped us tackle our liquidity woes by funding our export receivables. This helped us expand even during the pandemic.
Engineering Goods Exporter From Chennai