Insurance Broker Victoria

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Trade Credit Risk
Phone - 0398420986

• Business Insurance Australia

www.tradecreditrisk.com.au
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Why Credit Insurance
If you are of the view that you dont need Trade
Credit Insurance simply because of the premium
amount, then you are completely wrong. Spending
money on premium payment should not be considered
as an expense but rather as an investment. It
secures your business from incurring any
financial losses. Almost every business runs the
risk of bad debts and these bad debts can
significantly affect the cash flows of your
business. The trade credit insurance brokers in
Melbourne help you to mitigate the risk
considerably with their insurance policy.
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Credit Risk Insurance Provider
You should choose a professional provider of
trade credit insurance that has a good reputation
in the industry. Trade Credit Risk is dedicated
to providing innovative credit solutions to the
business houses which are tailored to their
needs. Theres a Domestic Credit Insurance that
provides protection for debtors trade account
against bad debts. Then, there is a Risk
Management Package that provides a credit limit
opinion service. It also covers ongoing
monitoring of debtors. The different suite of
products is offered to the clients so that their
requirements are met in the best manner.
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About Trade Credit Risk
Trade Credit Risk Pty Ltd (TCR) is a private
and independently owned Boutique Specialist Trade
Credit Insurance Broker in the Australian New
Zealand marketplace. The Managing Director and
owner Sharon OHanlon has been in the industry
for over 29 years.
Our head office is in Doncaster, Victoria and we
have an office in Western Australia and clients
in all States across Australia and New Zealand.
Our range of clients vary from SMEs to large
multi-nationals and testimonials can be provided
on request.
Trade Credit Risk is the first Broker
specialising in Credit Insurance to be opened in
the Victorian Marketplace in the last 25 years.
Our experienced team has been hand picked from
the industry which allows us to provide a unique
service.
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Business Credit Debtors Insurance Services
Giving you Peace of Mind
Debtors Insurance protects your accounts
receivable ledger in the following events
occurring

• Insolvency which also includes Bankruptcy, Deed
  of company Arrangement, Administrations, Receiver
  Manager and Liquidations.
• Protracted Default or Non Payment occurs when a
  debtor cannot be located, has skipped, a judgment
  has been obtained or non payment. All methods for
  collecting the outstanding debt must be exhausted
  and a waiting period applies depending on the
  Insurer.

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Main benefits include

• Free Collection Service

All four Insurers will contribute 100 to the
collection costs and a of the legal costs
depending on the Insurer wording and you will
have the ability to pass trouble debtors onto
their collection agency to collect on your behalf.

• Confidence to grow your business

Your business can expand, knowing the cost of a
bad debt is insured. You wont need to worry
about the size of your exposure levels and can
take a competitive advantage, whilst others
operate with uncertainty.

• Protect your profits and cashflow

The proceeds of a credit insurance claim, injects
cash back into your business. We can arrange a
virtually unlimited cash reserve for the balance
sheet as a tax deductible cost.

• Strengthen Credit Management

We will analyse your credit limits and monitor
your debtors on an ongoing basis. Having a third
party investigate your accounts will allow you to
trade with confidence knowing you have protection
against a bad debt.
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Credit Procedure Manual Development
50 OF COMPANIES IN AUSTRALIA DO NOT HAVE ANY
FORMAL CREDIT PROCEDURES OR PROCESSES.
We will design a credit procedures manual based
on the size of your business, credit limit
exposures, industry and  staffing levels. The
manual will provide an efficient system and
process for your Credit Department.
The procedure manual contains the criteria for
the following process

• To ensure all payments/credits/short payments are
  documented and then allocated to the correct
  account
• Defining the levels of authorisation to approve
  higher credit limits
• Facilitating appropriate re-payment plans for
  delinquent accounts
• Reviewing credit limit exposure levels on all
  accounts
• New/Existing Account Credit approval processes
• Procedure for writing off losses and bad debts
• General housekeeping rules
• Chasing overdue accounts
• Credit Applications
• Terms of Trade

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Company Overview Trade Credit Risk
Trade Credit Risk (TCR) is a boutique Specialist
Credit Insurance Broker in the Australian
marketplace and we provide the following suite of
products

• Domestic Credit Insurance provides protection for
  your debtors trade accounts against the risk of
  having a bad debt..
• Export Credit Insurance insures your overseas
  customers against having a bad debt including
  Political Risk, Currency Inconvertibility and
  Contract Repudiation.
• Risk Management Package provides your business
  with a credit limit opinion service and ongoing
  debtor monitoring of debtors for adverse
  information.
• Credit Procedure Manuals are specifically
  tailored to your business and utilised as a tool
  to establish in-house guidelines for the everyday
  functions within the credit department.

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Phone - 0398420986
Contact Us!
Insure Your Business!
At Trade Credit Risk, We offer specifically
tailored solution to your business. We also
provide Credit Procedure Manual to establish
in-house guidelines for everyday functions. Our
brokers utilize their experience and knowledge of
the insurance industry to provide other services
as well. These include premium funding,
collections, mercantile reports, financial
analysis trainings etc.
www.tradecreditrisk.com.au
info_at_tradecreditrisk.com.au
Suite 8, 1010 Doncaster Road, Doncaster
East Victoria, Melbourne Australia 3109
2015 Trade Credit Risk. All Rights Reserved.
Australian Financial Services Licence 422672