Tel: 01424 217698 or 07971 996658 Fax: 0845 127 4385
E-mail: Rycroft Associates
Pre-Credit Risk or pre-shipment - let's say you are a manufacturer of bespoke machinery, so you build a machine to a clients specification, this could involve many hours of labour and lots of materials. Pre-Credit Risk covers you for unshipped goods, so another example could be that you have bought special materials and have tailored them to a specific contract (could be you have printed the buyers name on them - a tee shirt or a carpet for a hotel chain, etc).
If you are a construction company or builder, then make sure you have a clause for Pre-Credit Risk, however, in this area it is known as a "work done and services rendered clause", also known as a "work in progress".
Credit Insurance home page
Credit Insurance Structures
Credit Insurance Costs
Jargon, Myths and History
Debt Collection Credit Reports Financial Guarantees Links to free information Advanced Payment Protection Contact:-
Fax back contact form
Finance quote form
Credit Insurance quote form