Additional information


en			ru			jp

Finance Lounge

Add privatebanking.com as a search provider to your browser

Advanced Search

Private Banking & Wealth Management search tool

Search entity

Coface South Africa Services (PTY) Ltd

Back

Review Avg.
Reviews:	0

Contact Page

Additional information

Write Review

Browse Review

Additional information

Coface South Africa Services (PTY) Ltd

Mission statement:

Coface's mission is to facilitate global business-to-business trade by offering companies four products lines to help them manage, finance and protect their receivables (i.e. all credit granted for a period of 30 days, 60 days or sometimes more to other companies in the course of their commercial relations):
Credit information and corporate ratings
Receivables management,
Credit insurance,
Receivables financing.

Overview:

Coface provides you with a range of flexible credit insurance policies tailored to your company's specific requirements, regardless of the size of your business or the industry you operate in.

If you have sold your product or service on credit to another company, you rely on that company to pay you on due date. However, you are carrying a bad debt risk, which could materialise if payment is not received. You have invested your hard earned cash into the transaction and require payment in order to continue the business cycle. Non payment from your customer could certainly have a negative impact on your cash flow and in severe cases can cause your business to fail.

Credit insurance is an innovative tool used to protect companies trading on credit from non-payment both locally and internationally.

The process of credit insurance includes accessing trade information on your potential buyer, credit assessment of the buyer, recommended and insured trading values with that buyer, debt collection on outstanding debt should non payment occur and payment of a claim in the event of non payment or insolvency of your client.

Business Information

Markets change fast and a company that is viable and stable today may become financially weak tomorrow. All businesses need quick access to reliable business information on potential customers, suppliers or business partners (especially if they are small, newly formed or in a foreign country). It is also important to reassess the credit history of your customers and trading partners regularly, so that you are alerted to potential payment problems as early as possible.

Receivables Management

Late payment has an immediate impact on your cash flow and makes financial planning very difficult. Chasing payment takes up valuable management resources and legal procedures can be time consuming and costly. Local and International Debt Collections management from Coface South Africa enables you to have your domestic and international overdue accounts collected by our experienced debt collection service professionals, leaving you free to continue with the more important task of growing your business.

Back

Privatebanking.com

Get the attention you always wanted and promote your corporate image and standing by benefiting from our state of the art interactive web presence.

Ascent Limited

Experience The Difference. Ascent Limited provides first class wealth management and family office services. Our private banking team, assembled from a group of highly experienced banking professionals, will provide financial advice tailored to your individual requirements and keep your portfolio in tune with the latest market developments and opportunities.

©	Copyright by PRIVATE BANKING.COM 2002- - All rights reserved.