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Protect yourself against non-payment.
Increase your working capital.
Maximize business opportunities.
Atlantic Canada Food Export Partnership, in conjunction
with Alliance Assurance & Euler Canada are proud to introduce a program to
protect your exports and improve receivable financing. The Group Euler Credit
Insurance Program covers your Canadian, US and offshore accounts receivables.
What’s in it for you?
- You’re covered for up to 90% of your loss if your buyer
doesn’t pay. This includes bankruptcy, default and payment delays caused by
blockage of funds or transfer difficulties.
- You get access to more cash. The
insurance is assignable to a bank, which will normally extend credit up to 90%
of insured receivable.
- You have a new sales tool. Have prospective customers
approved for coverage before a sale is made. The member can then safely offer
terms as leverage to close the deal to be more competitive.
- Cost Savings: If
you presently have credit insurance, enjoy significant savings in cost.
How does it work?
- Reporting your sales is efficient. Reports are made once a year with
adjustments made at year end to keep the program efficient and simple to manage.
- Buyer credit information will be provided (when available) as part of this
program.
- In the event of a claim, Alliance Assurance will process the required
paperwork and work with Euler to expedite the claim payment.
Call Denis Durepos, Alliance Assurance at 1-888-525-4268 (or email
denis@alliance-assurance.com) to find out more about the Group Euler
Credit Insurance Program.
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