Are you concerned about the ability of your clients to pay for what they've purchased from you?
Would the nonpayment of one of your larger customers have an adverse impact on your business?
Could you increase sales to new and existing clients by increasing the amount of credit you offered to them?
Do a small number of customers represent a large percentage of your accounts receivables?
Would expanding your borrowing base improve your cash flow?
Is your credit department unable to obtain the financial information on a customer to support the requested credit limit?
If you answered "yes" to any of those questions, you qualify for First Capital's Credit Protection program.
Through no fault of your own, your company may face sudden cash flow problems as the result of your customers' financial difficulties. Credit protection can solve this problem by defending your accounts receivable from customer bad debts.
First Capital will establish and maintain lines of credit for your customers and if your approved customers default, First Capital will pay you.
Increase sales by being able to sell to more customers, selling more to existing customers and offering payment terms to international markets
— Increase profits by keeping the costs associated with your credit department variable instead of fixed
— Protect your balance sheet by reducing or eliminating credit losses
— Leverage First Capital’s experience and global market presence
— Boost your borrowing capacity
— Stabilize future cash flows
— Reduce the need for letters of credit
— Practically any business selling goods or services to other businesses can take advantage of this program
— Protect both domestic and international accounts
— Enrolling in the program and getting the protection is quick and easy
— Online access
— No upfront costs
— Rates are variable rather than fixed
— Gain the ability to obtain working capital advances on protected accounts receivable
— Other outsourcing programs are available
— First Capital's Credit Protection vs. Credit Insurance
Contact First Capital today and let us put together a customized credit protection plan designed just for your business needs.
Can Credit Protection help your business? Contact Us.
Contact us for credit protection and other financial solutions.