Export Receivables Insurance

This facility covers Exporters' risks connected to their short-term, typically unsecured & Open account transaction with deferred payment. The facility therefore allow Exporter to be coverd against losses caused by Buyer's economic situation as well as Country's risk beyond control.

Description of Export Receivables Insurance

Export Receivables Insurance covers both the risk of the manufacturer and the credit period. Significantly reduces the payment risks associated with doing business internationally by giving the exporter conditional assurance that payment will be made if the foreign buyer is unable to pay. Simply put, exporters can protect their foreign receivables against a variety of risks that could result in non-payment by foreign buyers.

1. Insurable Amount

Owing to complexity & high transactions costs of cross border financing,ECFS reccommend use of facility in cases where there's need of insurance in amount atleast Tsh or USD 1 000 or more

2. Risk Assesment

We asses and gain access to comprehensive and upto date information on the changing risk within your customer portfolio. Based on the outcome, We offer appropriate cover and assist Caution exporter from any risks associated with transactions in consighnment.

3. Insurance Protection

ECFS Protect your trade receivables with Export Receivables Insurance. Consequently we Secure your cashflow and profit line by showing the real strength of your business to banks, auditors and investors.

4. Business Growth

Thorogh our analysis, We dentify opportunities for growth and expansion. With Trade Credit Insurance, you ensure the smart use of business resources to grow your customer base and market reach.

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