Trade Credit Insurance

Jordan & Jordan Insurance represent many manufacturers, and distributors from all over the world. Our customers are having a very difficult time in raising the necessary funds to finance their inventory and operations. In the words of a former president “we feel your pain.” That is why we have partnered with Euler Hermes ACI (S&P AA-, A.M. Best A+) the largest Trade Credit Insurance Carrier in the world.

We at Jordan & Jordan believe that the traditional funding for many industries may be dying or changing, so we felt that our customers needed some alternatives. One of those alternatives is to carry the notes yourself with an in-house credit department. Some of you may not be able to carry that risk yourself so it makes sense to partner with a firm such as Euler. And for some of you the Banks or traditional financing partners may help with your financing if you can provide security in the accounts that you carry yourself.

Euler Hermes ACI will protect your AR from credit losses due to customer insolvency/ non-payment.

In addition to eliminating losses from bankruptcy or slow/non-payment, Credit Insurance will:

• Secure your Accounts Receivable allowing your company to offer higher credit exposures to your existing customers
• Help you to expand sales safely to new customers, foreign or domestic on open terms, knowing that your receivables are guaranteed
• Eliminate the risk of a catastrophic loss from a large / concentrated account
• Help you to obtain better lines of working capital / lending capability by including foreign / concentrated insured receivables as collateral
• Enhance the efficiency of your credit / collections department with the world’s largest company database

Additional Endorsements

1. Global insurance coverage for multi-national corporations with subsidiaries around the world.
2. Pre-Shipment or Pre-delivery Cover or Work in Progress
3. Consignment Stock
4. Limited Back-Sales Coverage
5. Other coverage such as Supplier default, Breach of contract, and inability to repatriate profits, etc…

Additional Key Criteria

• Currently sell on open account terms to other businesses
• or are planning to extend terms in the future
• Have annual sales of at least $1,000,000
• Have a defined collection process in place

Additional Links

• Knowing You’ll Be Paid
• Trade Credit Insurance F.A.Q.’s
• Trade Credit Insurance Products & Services

To get started Fill-out a contact form or call 1-866-604-5635 and /or email info@jordanjordaninsurance.com