Accounts Receivable Insurance (also called Trade Credit Insurance) protects the single, largest item on a businesses’ balance sheet. It provides a assurance of funds which benefits a business looking to secure a commercial loan using its accounts receivable as collateral. And it can help a business expand its distribution outside of the US by insuring exports and A/R delays due to shipping.
ReceivaSure is the first Accounts Receivable Insurance program designed specifically for US small to mid-sized businesses and features an end-to-end digital underwriting platform that simplifies A/R insurance for licensed agents and their clients.
Only 1 of 1,000 insurance agencies have a dedicated A/R insurance specialist. Most of these agencies focus on the largest corporations due to account size requirements of their firms, and the complexity of their coverage. ReceivaSure now enables interested licensed agent who have never before been able to access to a leading platform with premiums starting as low as $1,250 per year.