Our guarantee for your development
WHO ARE THE BENEFICIARIES?
You are a bank that has granted a credit to a foreign buyer to pay cash the purchase of Tunisian goods and / or services and you wish to guarantee the repayment of this credit?
The COTUNACE Buyer Credit Insurance fulfills your needs by guaranteeing a repayment of your buyer credit granted.
WHAT IS A CREDIT BUYER?
It is a credit intended to finance a commercial export contract. Exporter can draw on this credit and therefore be paid in cash.
COVERED RISKS
Buyer Credit Insurance guarantees:
- 1. Commercial Risks : Inability or refusal of the foreign buyer (borrower) to honor his commitments (bankruptcy, liquidation, default of payments).
- 2. Non-commercial (political) risks in the country of the foreign buyer:
- Risk of non Transfer : measures taken by the public authorities of the country of foreign buyer, which has prevent the transfer of the amount of your debt.
- Any action taken by the authorities of the country of the foreign buyer having the effect of preventing your rights against the foreign buyer.
- Risk of civil or military unrest : riots, revolutions, acts of violence, ... and any military action emanating from the country of the foreign buyer.
THE + OF BUYER CREDIT INSURANCE
- Facilitates the financing of Tunisian exports.
- Guarantees up to 90% of losses related to non-repayment of buyer credit (principal, interest and bank commissions).
- Allows a cash payment of Tunisian exporters.
- Optimization of the exporter's cash flow to finance his activity.
- Protection of the exporter's balance sheet against losses of non-payment due to commercial and political risks.
