TCIA can deliver detailed reports covering all aspects of the receivables ledger and therefore ensuring policy compliance for all insured and financed debt.

The software monitors levels of credit insurance compliance, which may negatively or positively impact upon any future claims.  
 
A copy of the sales ledger would be verified against current credit limit approvals and various report would be available on-line.

For more information on TCIA contact:
EFCIS Ltd.
Phone: +44 1920 464 440
Fax: +44 1920 464 123
Web: http://www.efcis.com 

A standard credit insurance policy would typically result in a claim in the event of the insolvency of an insured debtor.  The PaymentPlus policy provides cash flow enhancement by paying a claim 30 days from placement of the debt.   Basically, on day 30 the insured debt will be paid into the nominated bank account irrespective whether or not the payment has been received from the insured debtor.   The financier can continue to fund the debt beyond the recourse period and hence increase core income.  The early payment module basically settles a claim up to 3 months earlier compared with a standard policy (protracted default).

PaymentPlus Key Features

Early claim payment at 30 days from placement of the debt compared with up to 3 months later for protracted default cover.
Includes cover and early payment for OECD debt.

Bankers Endorsement Scheme - Invoice finance provider has the option to benefit from any outstanding or future claims in the event of the insolvency of the client. The financier can continue to fund debt beyond the recourse period and therefore increase core income.

Collections and early claims payments will be paid directly into the invoice finance providers designated bank account. The Credit Tracker software monitors the sales ledger balance with the endorsed limit on-line.
  
Collect-out option 60 days from commencement of collection action by Euler Hermes in the event of the insolvency of the client. 
60 day take on debt option.

For more information on PaymentPlus contact:
EFCIS Ltd.
Phone: +44 1920 464 440
Fax: +44 1920 464 123
Web: http://www.efcis.com 

The product benefits companies who do not have an existing global credit insurance programme.

You decide the risks you want covered, on a debtor-by-debtor basis and for what shipment period. The maximum credit terms that can be accepted by UniCover are 120 days beginning on the last day of the month the invoice is issued.

Cover includes insolvency as a result of bankruptcy, administration order or similar circumstances but also situations where a payment of a debt, even partial, is very unlikely. The indemnity paid is 80 % of the outstanding invoices.

UniCover single buyer insurance is underwritten by Atradius, one of the worlds leading credit insurers.

At your request Unicover single buyer insurance can be combined with marine insurance to cover all risks of physical damage to the goods sold during transportation, including risks of theft and non-delivery. You decide.

On www.unicover.be you will find further information concerning UniCover, including an application form.