Credit insurance, which was put into service by the Ministry of Treasury and Finance, entered into force with the Official Gazette. It is an insurance product that works to protect the payments that small businesses must receive and to cover the losses caused by the receivables.
What is Credit Insurance?
The credit insurance, put into service by the Ministry of Treasury and Finance, has entered into force with the Official Gazette. It is an insurance product that works to protect the payments that small businesses must receive and cover their losses caused by creditors. SMEs can receive the required payment over the limits determined within the insurance administered by the state. As a result of risk assessments to be carried out by insurance companies, small businesses can obtain credit insurance as part of policy coverage.
What is the Credit Insurance Coverage?
It guarantees the credits arising from the domestic and, if necessary, foreign sales of small businesses in accordance with the policy. The businesses must be established at least 2 years before the date of application.
The hard collaterals of credit insurance can be described as follows;
Liquidation decision in case of non-payment of debts,
Sales transactions conducted with a private company, legal entities,
Cash or installment sales transactions that are not under bank guarantee.
Sales made with institutions other than public institutions, associations, municipalities and foundations.
Sales transactions made in exchange for promissory notes,
Decisions taken by the court or authorized institutions, restricting all creditors.
How to Get Credit Insurance?
You can get your credit offer in a short time by visiting our credit insurance offer page within the scope of Duzenli Sigorta. Get the most suitable credit insurance offer for you by filling out your required information.