credit insurance definition

credit insurance definition

Glossary: credit insurance

Credit Insurance if your customer fails to pay the invoice. You receive payments for your bad debts up to pre determined limits.


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Business Consulting

Definition: credit insurance

Factoring provides cash to your business with no time delay from issuing invoices as well as sales ledger and collection services.

Accounts Receivables Financing (Factoring): The invoices you issue upon a sale are sent to the factor who typically advances up to 80 to 90% of the invoice amount to you.

Factoring Glossary - Define: credit insurance - 2004 HJ Ventures International, Inc.