For all short-term operation, SBCE offers the following:
1 - Prevention - The continuous analysis and monitoring of an importers' financial standing is an effective instrument utilized in client selection and the development of sale strategies for new markets.
2 - Debt Collection - Included in our insurance policy is a debt collection mechanism. We possess an international network of collection agencies and specialized lawyers, distributed over 190 offices worldwide, that are recognized for their specific knowledge of local legislation and technical capacity to act in each of the nations in order to collect unpaid debts.
3 - Indemnification - Export credit insurance policy, as all other insurance policy, is also designed to compensate policyholders in the event of a claim.
4 - Financing Guarantee - Another important function played by our policy is to act as a credit guarantee in exports financing transactions (ACE, PROEX and BNDES-EXIM), allowing for easier and cheaper access to credit. For this guarantee to be effective, policyholders must transfer the right to compensation in the event of a claim to the institution providing the line of credit.
"Risk diversification allows for a lower insurance policy cost."
The Short-term Export Credit Insurance provides an all-encompassing policy, that incorporates all of the export transactions of the policyholder that involve payment risk, even those subject to sight draft, remittances, non performing Cash Against Document (CAD) and Letter of Credit (L/C) and those not belonging to CCR (Reciprocal Credit Agreement).
Our insurance policies cover all of the policyholder's clients and provide an annual rolling credit line. In this manner, our exporters benefit from the fact that the cost of the policy is inversely proportional to the volume insured.
The greater the volume of exported goods and services, the smaller the concentration of risk and hence the lower the cost of the insurance per quantity exported. Therefore, a transaction that has a high concentration of risk may be rendered unfeasible.
|How to request a credit limit|
|Claims and Indemnification|
|Short-term Political and Extraordinary Risk Policy|
Further information of prices