Introducing Credit Protect
Global Commercial Credit (GCC) is now offering Credit Protect *as an effective means to help you deal with the direct credit exposure to buyer(s) representing significant credit risk concerns or a concentration issue. Credit Protect will help remove this risk from your balance sheet allowing you to continue with the relationship until the credit risk improves or it no longer represents a concentration issue.
This program involves a simple Put Option contract whereby the option seller agrees to buy qualifying accounts receivable at a pre-determined amount if your protected customer(s) goes Insolvent during the contract period.
GCC can coordinate Credit Protect with other forms of receivables management, such as factoring or portfolio based credit insurance. One of our credit risk management specialists will provide complete support and guidance to help you develop the ideal custom tailored solution for your needs.
Coverage is available for public and liquid private companies.
For additional information on Credit Protect, please click here
For a quote, or with any questions, contact us at 877-422-7475 or use this online form to request a quote. |