Difference Between A Letter Of Credit & Export Credit Insurance

| September 3, 2019

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In today’s competitive and unpredictable global economy, it’s now more important than ever for companies to protect themselves with robust trade credit insurance policies. Does your business export goods and services overseas? Then you may be wondering if your business should use a letter of credit, or export credit insurance to protect your accounts receivable.

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With SCM managing your insurance and risk management needs, you reap the benefits of having an in-house insurance department without the overhead. Your SCM team is comprised of knowledgeable professionals focused on improving your operations and financial results by Controlling costs, Reducing your workload, Maintaining open communication.

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