CEL Aerospace Test Equipment Ltd designs, manufactures, installs and maintains systems for testing gas turbine engines. Their business operates on a milestone payment schedule as test cells are developed over an extended period. Having insurance was imperative to maintaining bank financing and Atradius provided a solution that would protect CEL’s development costs exposure in a way that standard accounts receivable insurance could not.
Read the full Atradius case study here: Case study – CEL Aerospace Test Equipment Ltd.: Credit insurance for the aerospace sector
