
We are insuring your business success.
Services
Global Trade Credit distinguishes itself by providing a full suite of services to our clients. From evaluating client risk mitigation to obtaining non-binding indications and filing claims, we work to ensure that all aspects of our clients’ Trade Credit and Political Risk Insurance policies are dealt with promptly. Best of all, our services are free to the client.
“We SECURE your business”
We provide solutions to “Secure your Business”, with a credit insurance policy against non-payment, insolvency or protracted default.
“The best kept SECRET in business today”
The use of a Specialty Credit Insurance Broker will assist you in finding the most appropriate policy in the limited credit insurance market. This is done by using their insight to address your unique situation to provide a solution to meet your objective and help you grow your business. The use of this product works to the advantage of all stakeholders and shareholders.
Risk Management Solution – Policy Options
We offer a variety of policies to fit your needs. Whether you need help with your domestic operations, international operations, or both, we can create a policy with the best price for you. We also have a variety of options for single or multi-buyers, and for different term lengths.
Whole Turnover, Short Term Multi-Buyer Credit Insurance Policy
The Whole Turnover Credit Insurance Policy allows the policyholder to insure an entire portfolio of buyers. Companies choose a Multi-Buyer Account Policy as a means to mitigate the risk of non-payment for all of their credit exposures. This policy can cover multiple sales, multiple buyers and multiple countries made during a twelve month period. This policy can be written for Domestic or Foreign buyers. The Multi-Buyer Account Policy provides companies with an excellent solution for mitigating catastrophic credit losses.
Named Buyer, Short-Term Key Account Credit Insurance Policy
The Named Buyer Credit Insurance Policy allows the policyholder to insure a group of their key buyers. Companies choose a Named Buyer Policy as a means to mitigate the risk of non-payment for their larger credit exposures for a twelve month period. This policy can cover single or multiple shipments to these buyers during a twelve month period. This policy can be written for Domestic or Foreign buyers. A Named Buyer Policy provides companies with an excellent solution for mitigating specified credit risks.
Single Buyer, Short-Term Credit Insurance Policy
The Single Buyer Credit Insurance Policy allows the policyholder to insure a single buyer. This type of coverage helps to mitigate the increased risk associated with one buyer who off-sets your balance sheet for a twelve month period. This is sometimes used when one buyer is being factored to increase cash flow as a result of a high concentration of Accounts Receivable attributed to one buyer. A Single Buyer Policy provides companies with an excellent solution for protecting a loss that would be detrimental to their business.
Medium-Term Credit Insurance Policy
The Medium Term Credit Insurance Policy insures the repayment of the sale of capital equipment and other products that require extended repayment terms. Medium Term is defined as selling terms from 1 – 5 years. Companies or Banks choose the Medium Term Credit Insurance Policy as a means to mitigate the risk of non-payment for their extended buyer credit exposures. This policy can cover a single sale transaction or multiple sales to a specific qualified buyer. The Medium Term Credit Insurance Policy provides companies with an excellent solution for offering attractive credit terms while mitigating catastrophic credit losses. The Medium Term Credit Insurance Policy can be used as collateral (and assigned to a bank or other financial institution) to obtain attractive financing.
Excess of Loss Policy
Excess of Loss (XOL) cover is for larger businesses or multi-national companies seeking protection from exceptional credit losses to their balance sheet. This product was established to meet the growing global demand to see strong credit management rewarded, while achieving balance sheet protection.
The GTC Advantage
The most competitive industry rates with over 25 years of global trade experience.
Active Member of:
National Receivables Association of Canada
Canadian Association of Manufacturers and Exporters
Saskatchewan Trade and Export Partnership (STEP)