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Use Multi-Buyer Insurance to:

  • Extend credit terms to multiple foreign customers.
  • Insure against nonpayment by international buyers.
  • Cover both commercial (e.g., bankruptcy) and political (e.g., war or the inconvertibility of currency) risks.
  • Arrange financing through a lender by using insured receivables as additional collateral.

Benefits of Multibuyer Insurance:

  • Risk reduction: safeguard against catastrophic losses from buyer nonpayment.
  • Increased competitiveness: unlock the ability to offer buyers the credit necessary to expand into new markets and boost sales with existing customers.
  • Improved liquidity: accelerate cash flow by borrowing against foreign receivables.
  • Credit management expertise: ease the burden of credit risk management by leveraging EXIM’s international expertise.

How it Works

The nuts and bolts of a policy are simpler than one might imagine.

  • Policies cover both commercial and political risks.
  • There are no application fees or minimum premium. A one-time, refundable advance deposit of $500 (minimum) is required to issue the policy.
  • No minimum annual premium is required.
  • Standard coverage is 95% of the invoiced amount. Sovereign buyers are covered at 100%. Bulk agricultural commodity exports qualify for 98% coverage.

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