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Link Results to 31.12.2010 - Continental once again leads the market in Credit Insurance and Guarantees
31/03/2011

Continental earned at December 31, 2010 a profit of US$ 6,882,272 product of a growth of 16% in sales, maintaining the ...
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Benefits
  • Protects creditors against the risk on non payment.

  • The Insured gains a "partner" which assumes the major percentage of risk of accounts receivable.

  • The Insured has backup provided by market studies and analysis of clients provided by an expert agent.

  • Allows anticipation of risk factors by Continental based on important crossed information concerning payment behaviour between their Insured, mainly within the domestic market.

  • Has payment coverage in the majority of worldwide countries.

  • Transforms the accounts receivable into low risk assets and permits the elimination of financial costs for overdue credit payments, ensuring a cash flow and working capital.

  • Allows diminishing of provisions for uncollectable funds.

  • Allows arranging and structuring of credit policies.

  • Facilitates access to financing, as the policy can be endorsed to third parties e.g. Banks and factoring, thereby obtaining bank credits by easier means and with lower costs.

  • Improves the company's financial classification.

  • Facilitates penetration of new markets.

  • Improves competition in the international market.
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