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Credit insurance for companies in the construction industry
Insolvency is a word companies in the construction, engineering and infrastructure sectors hear all too often.
The way its effects can ripple through the supply chain is familiar to everyone. And with other factors to consider, such as squeezed margins and rising labour and raw material costs, the risks are high.
Payments are often disputed and generally come at the end of a long process. Another reason why the right credit insurance is essential for any business connected with the construction industry.
Bad debt protection and much more
Protecting your cash flow in case of non-payment is a great reason to choose Coface credit insurance, but by no means the only one. More often Coface can help you avoid the problem by checking out the creditworthiness of companies first.
We’ll also warn you if a trusted customer suddenly becomes riskier to deal with. And having credit insurance can improve your balance sheet by helping you to negotiate more advantageous trading terms.
The expert Coface team can also help you to refine your credit management strategies. And having our credit insurance in place can make you more attractive to big suppliers and potential investors.
Know more, grow more
At Coface we are one of the world’s leading credit insurance companies. Our up-to-the-second knowledge of companies, business sectors and countries are a major resource that’s at your fingertips as soon as you become a policy holder.
- Up-to-date financial information on 80 million companies in the UK and around the world
- Country and sector reports by our expert analysts
- Exclusive insights into economic and business trends throughout the world