Are you the Director or Financial Manager of a small business managing a demanding daily schedule, while also handling credit risk management and the collection of invoices? Make your life easier with our trade credit insurance solution that is designed for small to medium enterprises (SMEs).
For SMEs, managing cash flow and mitigating financial risks are crucial for sustained growth and stability. EasyLiner by Coface offers a comprehensive credit insurance solution designed to protect your business from the financial repercussions of unpaid invoices, ensuring your cash flow remains uninterrupted and your business can thrive.
Comprehensive credit insurance for SMEs
EasyLiner is tailored specifically for small, medium, and micro-enterprise businesses, providing a robust shield against the uncertainties of unpaid invoices. Here's how EasyLiner can safeguard your business:
Indemnify your losses:
- Preserve cash flow: When customers covered by EasyLiner default on their payments, you are indemnified for the losses incurred after submitting a claim. This immediate relief helps preserve your cash flow, ensuring that your business operations can continue seamlessly despite the setbacks.
- Mitigate financial impact: The timely compensation helps mitigate the financial impact of unpaid invoices, allowing you to maintain business as usual without significant disruptions.
Efficient receivables collection:
- Domestic and global coverage: EasyLiner enables you to report unpaid guaranteed invoices online, managing the collection of your receivables both domestically and internationally.
- Optimised collection rates: Backed by Coface's experienced teams, you can optimise your collection rates while maintaining healthy trade relations, enhancing your overall financial stability.
Key benefits of EasyLiner
EasyLiner is more than just an insurance package; it's a strategic tool designed to enhance your business’s credit management and growth potential. Here are the core benefits:
Cover your invoices:
- Instant credit opinions: Access Coface’s expert opinions on your clients and prospects online. Obtain guarantees quickly to cover your sales, ensuring that you can extend credit with confidence.
- Proactive risk management: Coface’s global network of risk experts continually analyze financial data, sector trends, and country risks, providing real-time alerts to potential risks. This proactive approach helps you make informed credit decisions.
Expand safely:
- Increased credit capacity: With EasyLiner, you can grant more credit to more clients, both locally and abroad. This capacity to extend credit safely can significantly boost your business’s growth prospects.
- Competitive edge: Insuring your invoices with EasyLiner can give you a competitive advantage, ensuring you are not outpaced by competitors who have already secured their credit risks.
Designed for SMEs:
- Tailored for small businesses: EasyLiner is specifically designed for companies with a turnover under R40 million. It is an all-inclusive annual package, offering 100% online management for ease of use.
- Budget control: The all-inclusive nature of EasyLiner ensures that there are no surprises, allowing you to control your budget effectively while protecting your business from unexpected financial hits.
Real-time monitoring and market exploration
EasyLiner not only protects your current turnover but also empowers you to explore new markets with confidence. The policy includes:
- Credit opinions and real-time monitoring: Gain access to detailed credit opinions and real-time monitoring of your clients’ and prospects’ solvency, helping you fine-tune the credit conditions granted to your customers.
- Domestic and international protection: Whether you are looking to expand domestically or explore international opportunities, EasyLiner ensures your turnover is protected, providing peace of mind as you venture into new markets.
Roger Peixinho, Chief Commercial Officer at Coface South Africa, underlines the significance of EasyLiner in the current challenging economic climate: "In the tough environment we face today, small businesses are the most vulnerable. EasyLiner provides an essential safety net, allowing these businesses to protect their income and manage credit risks effectively. By securing their receivables, SMEs can focus on growth and expansion without the constant worry of unpaid invoices."
Protecting your income and driving growth requires more than just basic financial management, it demands a strategic approach to credit risk management. EasyLiner by Coface offers SMEs a robust solution to safeguard against unpaid invoices, optimise receivables collection, and expand confidently into new markets.
Don’t let unpaid invoices hinder your business growth. Gain a competitive edge and secure your business’s financial future with EasyLiner. Contact us today for a quote.