Credit insurance

Accounts receivable are often the most important asset in a business.

And also the MOST exposed.

What would happen if, in a difficult context like today, if several of these customers were to default?

CGAP, thanks to our partnership with specialized houses (Coface, HEULER) offers you to protect yourself against these vagaries of business life

Credit insurance

Goals

The objective of credit insurance is to protect your business against the risk of non-payment by your customers, in Morocco and abroad.

CGAP provides you with the databases of its partners and you will be able to benefit from an accurate and up-to-date evaluation of your clients.

You will improve your Working Capital Requirements, your profits and financial stability.

How it works?

1. Prevention

Thanks to the monitoring and knowledge of the companies on the market, credit insurance allows you to pay attention to the quality of your customers and to cover you upstream of the sales process.

2. Collection of unpaid debts

Possibility of recovering your outstanding payments through us without this affecting your relationship with your customers.

3. Compensation

The loss is established if the recovery process fails or takes longer than expected. Under these conditions, credit insurance makes up for the shortfall and compensates the losses

suffered.

The benefits for your business

CGAP is at your service to allow you :

1. reduce your risks by controlling bad debts

2. improve your results by avoiding provisioning these bad debts and thus freeing up capital.

3. Get better financial terms from your bankers.

4. Support your sales force by allowing them to focus on the right customers and

develop markets deemed too risky thanks to the management tool made available to you.