Most business owners roll their eyes and sigh when they're offered export credit insurance; they see it as another insurance they need to write a check for. However, out of all their insurance coverages, export credit is the one they will touch the most during the year. When Eric Voegtle talks to his clients, he likes to start talking about how they cannot get paid and work backward from there.

Today, I'm joined by Ralph Bocchino and Eric Voegtle, Executive Vice President at Volofin USA. We will continue our last episode's conversation about purchase order financing, extra financing, and trade financing. We will dive deep into export credit insurance from both the user and the client-side perspective. Eric kindly shared valuable insight about cancelable and non-cancelable coverage, how insurance companies evaluate our customers, and more.

Tune in to Episode 3 of Shut Up and Go Trade and get a better grip of how can export credit insurance end up not only paying themselves but saving you lots of money.

In This Episode, You Will Learn:

• A bit of Eric's background and how he helps his clients (1:53)
• The triggers that activate export credit insurance (5:28)
• How can supply chain financing or reverse factoring and purchase order financing help us (7:43)
• The differences between cancelable and non-cancelable coverage (17:04)
• How credit insurance works from the customer perspective (27:19)

Resources:

• VoloFin website

Connect with Eric:

• LinkedIn

Let's Connect:

• Website
• LinkedIn
• Facebook Group – Shut Up (Talk It Up) & Go Trade
• Twitter
• Instagram
• Youtube Channel

Support this show http://supporter.acast.com/shut-up-go-trade.

Hosted on Acast. See acast.com/privacy for more information.