|
Page 27 of 28
Can I insure against bad debts when exporting?
Insurance against bad debts for those exporting consumer goods and raw materials is offered by private companies such as the NCM Group.
For projects, capital goods and services (which usually require credit of two years or more), the Export Credits Guarantee Department (ECGD) is an important source of help. ECGD arranges finance facilities and credit insurance for contracts from £20,000 to many millions, and has help for smaller companies exporting to countries outside Western Europe and North America through the Smaller Exporters' Package.
|
