Credit Insurance
1st PMF Capital also provides credit insurance through an A rated insurer to reduce the risk of your sales. If you have a client with a large concentration or that will not provide financials, then 1st PMF Capital may be able to provide insurance against the customer’s payment default.
Credit insurance is a great tool that larger factoring companies will offer in their list of services to their clients. When used correctly, credit insurance can assist a company in growing its sales and reducing its risks by eliminating the default risk due to financial stress and/or bankruptcy.
For more information, please fee free to call our offices.