Terms

Premium rates are based on:

• The terms you extend
• The spread of your buyer and industry risks
• Your previous credit and collections experience

Rates may be calculated as a function of your shipment volume, buyer credit limits, or outstanding receivables. Premiums are payable monthly, quarterly, or annually.

Whether or not you pass this incremental expense on to your customers, the price of the coverage is insignificant compared to the additional business you can win by extending competitive credit terms while protecting your receivables against non-payment losses.

Why Choose Alper?

• All Credit Insurance policies offered by Alper Services are fully backed by top-rated commercial insurance companies.
• Specializing in this kind of coverage, Alper offers a complete selection of policies from every U.S. and international insurance company that underwrites receivables insurance.
• The strength of our underwriting relationships enables Alper to quote the most competitive premium rates in the market, with no added processing charges or broker fees.
• By monitoring how you are using your policy, Alper can help you keep your Credit Insurance coverage up-to-date as your business grows.

Credit Insurance as a Sales
and Financing Tool

INCREASE YOUR PROFITS: Grow your sales by making it more economical for your customers to purchase larger quantities. Shipping larger orders helps you negotiate better pricing from your suppliers, make longer manufacturing runs, and transfer inventory carrying costs.

PENETRATE YOUR TARGET MARKETS: Open new markets which your company might otherwise perceive as too risky for extending credit terms. The opportunity to establish market share in emerging industries has never been greater.

GET MORE FROM YOUR DISTRIBUTORS: Negotiate stronger representation by offering competitive terms to your distributors. Provide incentives to keep more of your products in the supply chain, increasing your market share and local brand recognition.

ENHANCE YOUR BORROWING CAPACITY: Obtain more favorable financing by including more of your receivables in your borrowing base. Credit Insurance makes your receivables more attractive to your bank or other lenders, especially if your A/R portfolio includes concentrations of risk, cross-aged receivables, or sales into industries outside your bank’s comfort zone. You can assign policy proceeds to the lender of your choice.

STRENGTHEN YOUR BALANCE SHEET: Keep your company’s financial position secure, despite exposure to unforeseen events, concentrations of credit risks, and changing market conditions. Insuring your receivables may also enable you to reduce your bad debt reserves. Credit Insurance can help facilitate the “true sale” of your receivables as well as support asset securitization.

For more information on Credit Insurance, please
call Christopher M. Breck, CIC, Vice President at 312.867.7359 or email at CBreck@AlperServices.com.