How to proactively increase your recovery odds, while keeping your small business cash flow protected.
Call your customer and/or resend the invoice:
Explain next steps if they fail to pay:
- Stop supply
- Escalate the issue within their company
- Involve a third party (lawyer, collection agency etc.)
- Take them to court
Ensure the right people are involved:
Set a specific payment timeframe:
Consider calling a collection agency (small payments) or filing a lawsuit (large payments):
Gather your documentation
Assess the financial impact:
Ensure a prompt after-action review:
Did you know?
Because the future isn’t always as we expect, we predict trade and credit risks today, to protect cash flow tomorrow.
As you trade through the year, you make decisions that call for expert insight into your markets and the economic cycle, backed by insurance and trade finance solutions that bring greater security to your plans.
This is where we can help.
About Allianz Trade
Allianz Trade is the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk. When the unexpected arrives, our AA credit rating means we have the resources, backed by Allianz to provide compensation to maintain your business.
For more information about trade credit insurance, visit:
Why Allianz Trade?
At Allianz Trade we value your time and will try to respond to your enquiry on the same working day.
Some questions may take a little longer to answer, but we aim to provide you with a response within 3 working days.