Would you know if your customer was underwater?
Interest in Trade Credit Insurance (TCI) may be on the rise among Canadian businesses as they grapple with the uncertainty of tariffs, trade wars with the U.S. and look to other countries for new opportunities. Another red flag is the rise in corporate bankruptcies in Canada, up 28.6 percent in 2024 compared to the previous year. As bankruptcies can cause a domino effect when the impact is felt down the supply chain many companies are looking to TCI to protect their what is generally their largest asset, their accounts receivable.
Would you know if your customer was underwater? Find out how TCI can protect your business by speaking with a member of the Receivables Insurance Association of Canada.