Jodi Seah
Trade Credit Sales Leader, Asia Credit Specialties
-
Singapore
Global trade has changed significantly due to the events of 2020. Now, more than ever, businesses should carefully consider the potential risk of customer insolvency or default.
During such unpredictable economic cycles, businesses need to consistently deliver on performance with security for sustainable growth across the global marketplace. With the backing of trade credit insurance, companies can effectively protect their balance sheets.
Our global Trade Credit team provides a wide range of trade finance solutions that can help you manage your receivables risk. As a leading advisor on trade credit risk and insurance arrangements against potential loss caused by the non-payment of accounts receivables, we nurture strong relationships with major insurers to negotiate cost-effective coverage for your trade credit risk. Our specialist local and multinational service teams also deliver a consistent and compliant service across your trade credit program.
Trade Credit Insurance enables companies to extend credit to customers while reducing the risk of non-payment, facilitating secured sales expansion (e.g. expanding to new geographic areas) and reducing dependence on Letters of Credit. Trade Credit Insurance may also be accepted as collateral to improve lending facilities with financial institutions to deliver additional funding capabilities to support a company’s growth.