Webinar, "Using Credit Insurance to Enhance Lending in the Age of COVID-19"
May 5, 2020 12:00 PM - 1:00 PM (Eastern Daylight Time)
Credit insurance is an underutilized tool for facilitating lending and factoring. Borrowers are increasingly using the credit that they offer their customers to grow their business, which can put stress on lenders and factors. With borrowers seeking larger credit amounts, having more concentration in their customer base, and offering longer payment terms, credit insurance can make the difference between providing a borrower what it needs, versus seeing the business go elsewhere. Credit insurance may also help where a borrower’s receivables may otherwise be ineligible due to its customers being offshore, related parties, etc. And given the coronavirus pandemic, which has markedly increased credit risk for vendors as well as for lenders and factors, credit insurance can play an important role.
Our program will cover:
- How credit insurance works, and how the coronavirus crisis has made credit insurance more valuable.
- How to utilize credit insurance in your lending and factoring activities, and build it into your pricing.
- Where and how to obtain credit insurance, and how to monitor its use.
Moderator:Howard Brod Brownstein, President, The Brownstein Corporation
Panelists: Gary Mendell, President, Meridian Finance Group
Jo Bennett-Coles, Managing Director, FGI
Registration fees are waived for SFNet Members, however, if you would like to support our ability to continue bringing timely, relevant information to our network your payment is greatly appreciated.Support Now
Please note: registration ends at 10:00 a.m. ET on the day of the webinar. To register after the cutoff, contact Nora Walls at firstname.lastname@example.org.
Member Price: $0
Non-Member Price: $95Register