Vanguard Surety United States

Vaguard Surety and credit Insurance protects your accounts receivable from losses caused by customer insolvency or protracted default (i. E. Slow pay) . The primary benefits are as follows: Protection from catastrophic credit lossesAbility to grow your business by offeringHigher credit limitsLonger terms of saleOpen account sales to export marketsTo improve borrowing power where the lender is restricting availability due to: Customer concentrationsForeign receivablesExtended terms of saleCredit insurance premiums are tax-deductible, reserves for bad-debt are notCredit insurance is less expensive than letters of creditPolicy types: "Whole Turnover"-insuring virtually all accounts"Key Account"-insuring only the largest customers"Single Customer" or "Selected Customer"-insuring only a single account. Vanguard Trade Credit will help you determine strategy and evaluate products from all domestic and international carriers. We will demonstrate for you how these programs are often self-funding, while reducing overall bad debt expense, and increasing / protecting profits.