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Why
Credit Guarentee?
Credit Guarantee Insurance Corporation of Africa Limited is a South African Financial Services company operating in the field of domestic and international credit insurance.
Our unique strength lies in the ability to secure a vast store of information and market intelligence from a network of contacts, and to interpret data to support the business of clients – in both local and international markets.
Credit Guarantee is a licensed FSP and Non-Life Insurer.
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Trade Credit Insurance
at a glance
So why take unnecessary risks, when for a nominal fee, bad debt can be eliminated? Simply insuring your debtor’s payment risk with Credit Guarantee, you will be secure in the knowledge that you’ll always be paid.
Simply put, it is the insurance of your debtors
An insurance policy is issued, covering your domestic or international debtors if you are an exporter. We investigate each of your debtors and issue cover against them.
Trade Credit insurance is a powerful business tool. Your company will benefit in the following ways:
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Why
Credit Guarentee?
For two years business has been battered. Recession, pandemic, global seismic shifts.
For two years business has been battered. Recession, pandemic, global seismic shifts.
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The Statistics
Within the African Business Climate
Latest News
Get an insightful, inside look on trade credit insurance with our latest news and updates.
FRAUD AWARENESS
CGIC has observed an increase in the incidence of fraud, both locally and internationally, and clients are urged to be alert to the increased risks. There are generally three main categories seen by us:
THREE LUCRATIVE BUSINESS DESTINATIONS AND TRADE PARTNERSHIPS IN AFRICA 2017
This article highlights the growing trade opportunities in Africa, focusing on countries like Mauritius, Botswana, and Kenya, that offer favorable business environments. It emphasizes the importance of mitigating risks when expanding into foreign markets and recommends using international trade credit insurance from Credit Guarantee to protect against financial risk and uncertainties.
FOUR BENEFITS OF INTERNATIONAL TRADE CREDIT INSURANCE
The article emphasizes the importance of international trade credit insurance for exporters to mitigate risks associated with dealing with unfamiliar buyers and global uncertainties. It highlights the benefits of such insurance, including protection against non-payment, access to new markets, expert risk assessment, enhanced financing options, and policy flexibility.
GLOBAL TRENDS ON TRADE CREDIT INSURANCE
The article discusses the growing use of trade credit insurance by small businesses in the UK to mitigate risks.
SIX REASONS WHY SOUTH AFRICAN COMPANIES NEED DOMESTIC TRADE CREDIT INSURANCE IN 2017
The article underscores the importance of domestic trade credit insurance for South African businesses amid challenging economic conditions and the recent entry into a technical recession, highlighting the need to secure accounts receivable, assess credit risk, improve collection services, secure funding, explore new market opportunities, and support business growth while minimizing the risk of customer payment defaults.
GLOBAL ECONOMIC UNCERTAINTIES A HUGE CAUSE OF CONCERN FOR LOCAL BUSINESSES
The article highlights the increasing importance of trade credit insurance as global economic uncertainties and events, such as lower Chinese demand and increased global supply, impact businesses worldwide, emphasizing the need for businesses to safeguard against non-payment of debts and mitigate financial losses through trade credit insurance.