Political risk insurance for Gulf shipping just expanded. Most exporters underestimate this exposure until disruption hits. If you move goods through the Strait of Hormuz, now is the time to review coverage. https://t.co/awETqVGOyv
Fun fact from the trenches: Trade credit insurance isn't just a shield—it's rocket fuel for financing. Banks love the reduced default risk, often unlocking 10-30% more working capital. At Impello Global, we help PE firms, lenders & exporters turn 'what if' into 'watch this.' Ready to scale sales safely? DM for a quick review. https://t.co/okgC7LiQVX #TradeFinance #GrowSmart"
Excited to welcome Ed Yauch to Impello Global! His decades of experience in the industry, most recently with Marsh, will strengthen our underwriting partnerships, recruit top talent and fuel our growth . #TradeCredit#Leadership
China recently banned translations using Crypto while, El Salvador in September became the first country to declare Bitcoin as legal tender. Learn why financial regulators have worried about policing cryptocurrencies and the long-term viability. https://t.co/q2Na1REwpg
As employers contend with growing numbers of younger employees quitting in the great resignation, the COVID-19 recession and gradual labor market recovery has also been accompanied by an increase in retirement among adults ages 55 and older. https://t.co/MUFj3DuW1T
Americans who have been to the grocery store lately may have noticed a spike in prices for everyday items like food and gas. Here's what you need to know about the highest rate of inflation in more than three decades. https://t.co/VpBNAi7UGD
Looking into 2022, nearly 80% of the businesses across Western Europe expressed optimism and predicted growth. However, businesses also acknowledge that risks remain. ⬇️
https://t.co/YWKzUnf4YD
Working capital serves as a baseline for how financially stable a business or company is in the short-term, and if it has the cash-flow to cover its debts as well as expenses, all while continuing growth. 🔗
https://t.co/1FRof6MoBH
Ports across the globe are dealing with cargo pileups – and the problem doesn’t seem to be ending anytime soon. Atradius’ Dave Culotta, Christian Mueller and Bob Wanuga provide insight into the Supply Chain Disruption and more. 🌐https://t.co/bjKdBFlVVv
In order to avoid the risks of bad debt businesses should look to accounts receivable insurance to cushion against the losses if they find themselves unable to collect from debtors. ⤵️
https://t.co/4GxEgh1EtD
What is the EXIM Bank Working Capital Guarantee? It is a program through EXIM Bank to support US exporters' sales by helping companies obtain working capital loans from commercial banks.
Does this sound beneficial to you? Impello Global can assist. ⬇️
https://t.co/SBrfW9dhqY
High freight rates and shipping congestion issues are now expected to continue into mid-2022. Despite price freezes, ocean freight costs on certain routes have risen by as much as 500% during 2021. ⛴️
https://t.co/z4ZhyMiatE
#gtreview#gtr
The benefits of insuring foreign accounts receivable reach far beyond risk mitigation. Learn about how insuring your foreign accounts receivable can help your company reach its full potential in Impello Global's latest blog post. ⬇️
https://t.co/Ubgl56qL0E
Climate campaigners are calling on US retailers to switch to zero-emissions shipping practices ASAP. Between 2018 - 2020, pollution from four large companies’ supply chains is equivalent to the emissions from five coal-fired power plants. 🏭
https://t.co/26eJ7W2XkH
#gtreview
Investing in accounts receivable insurance is a safer, smarter way to do business. It has many advantages in addition to risk mitigation. Check out our blog to learn all the ways that accounts receivable insurance can benefit your business! 🔗⬇️
https://t.co/u1QqWAp8Ac
Top takeaways from GTR Asia 2021:
🌐 The longevity of Asia’s world-beating trade recovery is in question
🌐 Geopolitics will continue to upset trade
🌐 The trade finance gap is even bigger than we think
🌐 and more!
https://t.co/cyqvgdhNuT
Foreign accounts receivable is generally treated as ineligible collateral in most asset-based lending. Trade Credit Insurance can help with that. Read more about how trade credit insurance can help improve your access to working capital financing. ⤵️
https://t.co/IR2TXX0EKg
Mastercard has partnered with tech-based working capital solutions provider Demica to roll out supply chain finance to its B2B customers. Demica will add its technology into Mastercard’s Track Business Payment Service on a white-label basis. Read more 💰
https://t.co/CDl8l3tCba
Trade credit insurance is designed to protect businesses from domestic & foreign customer insolvency, payment default, & political risks. Considering that accounts receivable is often a company’s largest asset, it is crucial to protect it. Read more ⤵️
https://t.co/rromqNoOxd