Consider a mid-sized North American manufacturing company that was on the brink of collapse when its largest client declared bankruptcy. Thanks to its credit insurance policy, it managed to recover over 90% of the outstanding debt, which saved countless jobs and revitalized the company’s growth trajectory.
In Europe, a tech startup utilized credit insurance to protect itself during a particularly volatile launch period. With potential client defaults no longer a concern, the company rapidly expanded its client base, leading to a threefold increase in revenue within two years.
Small businesses too can thrive beyond expectations with credit insurance. A niche retailer went from struggling with cash flow to opening three new outlets, by reinsuring against potential non-payments from crucial seasonal buyers. This strategy played a pivotal role in its growth beyond regional popularity.
These real-world examples showcase how companies across industries leverage credit insurance for not just survival but flourishing. So, what’s the secret behind their success? Keep scrolling—it’s more surprising than you think.