CreditEureka goes international! CreditEureka, an international trade credit insurance agency, opened its Canadian headquarters in downtown Toronto to service Companies and Lenders from Vancouver to St. John’s. Growth means new credit markets for CreditEureka’s Customers, and CreditEureka is pleased to announce its appointment as a Canadian agency for Canadian government’s Export Development Canada — a world leading ECA offering market best export credit insurance structures to Canadian companies, and to foreign companies with operations in Canada.
As a local Canadian agency, companies across Canada can now take immediate advantage of CreditEureka’s global expertise identifying inexpensive credit risk solutions to enable their commercial success. Drawing on traditional trade credit insurance companies, banks, and private equity alternatives. More Credit. For Less. To find out more visit our Canadian website, www.crediteureka.ca.
Credit Eureka. Where Companies go for extra credit.
BACKGROUND ON THIS ANNOUNCEMENT
Credit markets alternatives are increasing for suppliers who offer their customers open account terms in Canada and overseas. This provides expanded levels of credit for companies to generate sales, and an increased borrowing levels in their AR related financings. As a leading independent insurance agency offering trade credit insurance, Credit Eureka is ideally positioned to help clients create strategies and explore options to function in this “new normal” in American retail, one in which the reliability of payment cannot be taken for granted.
ABOUT CREDIT EUREKA
CreditEureka is a leading provider of trade credit insurance, which helps businesses increase their revenue, expand availability of financing, and minimize the risk of default on their commercial sales globally. Regularly purchased by commercial finance companies and banks, Credit Eureka helps manufacturers and services companies directly participate in this market to build programs for themselves. Nonpayment of trade-related debts and customer insolvency are other industry terms for this exposure. Additional common terms for its products are business credit insurance, accounts receivable credit insurance or commercial credit insurance. In addition to insurance markets, the company also facilitates the Accounts Receivable Puts (AR Puts)– a debt indexed alternative to traditional credit insurance — as well as helps with export credit insurance and political risk insurance. Businesses interested in these types of insurance, bank, and private equity products should reach out to Credit Eureka for more information or obtain a quote for the cost available for a portfolio or individual customer.
Tel. (888) 747-9541