Our services
Credit insurance
Insurance covering potential losses caused by insolvent buyers of goods and services.
Debt collection
We provide trade debt collection services for both insured clients and clients without a credit insurance policy.
Bonding
Euler Hermes Europe SA via long experience in Euler Hermes Group provides common guarantees.
Product for SME
Special product for small and medium enterprises segment.
Improving your credit rating when dealing with banks
One receivables refinancing model often used by our clients is financing via an operating finances loan provided by a bank which is secured by the client’s high-quality receivables, as well as other collateral.
Euler Hermes Europe SA enters into this client-bank relationship as an institution capable to guarantee the quality of the insurance on the client’s receivables. That makes it simpler for the bank to accept these receivables as collateral for the loan.
This is arranged in practice by means of a trilateral annex to the insurance contract between the client, the insurance company and the bank assigning any future indemnifications to the bank. Under this annex the insurance company is usually obliged to notify the bank of all credit limits, both granted and denied, relating to the insurance policy. This gives the bank a good picture of the quality of its client’s receivables.
Financing of receivables
The company places great emphasis on developing cooperation with a number of domestic and foreign banks and other financial institutions in the area of financing of trade receivables.
Česky
Euler Hermes Group
