Credit Insurance
Our research shows that as a typical TechServe Alliance member, you may have accounts receivables equaling up to 85% of your assets. Should your clients not pay, the cost of these losses can be devastating to your business' financial stability or even survival. An IT services company with a 5% margin would need additional sales of $2,000,000 to make up for a $100,000 AR debt default!But a credit insurance policy does more than just cover your domestic and export accounts receivable against bad debt—it allows you to manage your risk and provide additional credit to more customers. More credit means more sales—and a better bottom line.
Through our preferred partner, TechServe Alliance Business Services has negotiated the very affordable rates of only 10-30% of 1% of insured accounts receivables to give you access to this important insurance. Plus, we can negotiate with each of the preferred firms on your behalf as your consultant/broker in order to make sure that you receive the most cost-effective quote possible.
