Reduce your exposure to bad debt
When you need to manage large or higher-risk customer credit exposures, our credit protection services can help. We work with clients who require credit coverage on higher risk orders in excess of $300,000. Prestige Capital offers excellent credit protection service and it is offered on a stand-alone basis or in conjunction with our factoring services.
Benefits include:
- We take 100 percent of the credit risk on all approved orders. You no longer have to worry about credit losses or the rejection of an order due to questionable credit.
- There are no deductibles or splitting of risk on claims.
- Quick approvals – usually within 24 hours.
- Coverage includes bankruptcy and all other financial reasons for non-payment. Coverage does not cover disputes or returns.
- Claims are processed promptly.
- We cover high risk retailers, manufacturers, and service providers, including companies in Chapter 11 that other factors or insurance companies may not protect.
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