Published: 02-Apr- 2007 | Product Category:
Trade Credit | Comments: 0
A company may decide to cover only its top customers -- those that would be likely to cause major disruption to the business if they were unable to pay their debts. Top-customer cover offers flexibility, either in the form of a policy covering the top 10-20 customers by amount outstanding, or covering selected customers. Policies are usually available either as an annual contract or can be tailor-made to fit a specific contract or order.