Selling to companies in foreign countries is a great way to grow and expand your business' footprint. New markets offer opportunities not always available at home.
Credit procedures should remain an important component of the export trade, with the same - if not stricter - rules than you have in place for domestic customers.
While your credit department may have a good grasp on your client's creditworthness, there are always unpredictable political risks associated with exporting goods.
- Different laws
- Unexpected political events
- Possible payment delays
- Economic volatility
- ...and more
Protecting your assets
The best way to expand your trade globally, while minimizing the risks associated with the unexpected, is to protect your accounts receivable with export Trade Credit Insurance.
Atradius' global presence allows us to be familiar with all regional differences and trends and can help you make the best business decisions.