A/R Finance & Factoring Terms GLossary

What isCredit Insurance

Credit Insurance, Trade Credit Insurance or A/R Credit Insurance, is an insurance policy and a risk management product for companies wishing to protect their accounts receivable from loss due to credit risks such as Customer (Account Debtor) bankruptcy. Paragon does not sell credit insurance (of course) but has purchased its own credit insurance policy, which our clients enjoy the benefit of as Non-Recourse Credit Protection.

Audio Definition/Pronunciation

OTHER TERMS BEGINNING WITH "C"

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