Our Services

Trade Credit Insurance

We will protect you from unexpected losses due to unpaid debts related to trade and provide guaranteed insurable indemnities. This tool for managing financial and trade risks effectively transfers the buyer’s solvency assessment and debt collection processes to the insurance company. Unexpected difficulties faced by one or more of your debtors will not harm your company. Contact us, and we will provide you with the initial analysis of your debtors for free and prepare for an offer.

Benefits Of Credit Insurance:

  • Working with terms of credit
  • Effective control of accounts receivable
  • Secure entry into new markets, increasing sales volume
  • Maintaining company liquidity
  • Comprehensive information about buyers
  • Balance protection against “bad debts”
  • Access to financing on competitive terms
  • Reduction of costs associated with managing accounts receivable
  • Debt collection by an independent party

Debt Collection Services

We can assist you in collecting debt from any country worldwide. According to statistics, involving a third party leads to more successful and prompt debt collection. The outcome of debt collection processes depends on the debt’s age and the debtor’s financial position. Therefore, in case of unpaid invoices, we recommend contacting us as soon as possible. To receive an offer for this service, just send us the debt amount, payment terms stated on the invoice, and the debtor’s country or an unpaid invoice/-es. Experts from the debtor’s country will handle the collection process under its legislation. We also recommend getting an URBA 360 tool.

Credit Reports

We will provide up-to-date information and business recommendations on any company from any country prepared by an international insurer. Up-to-date financial and legal data about the company will help you accurately and objectively assess the history and creditworthiness of your current or potential partners or buyers. By choosing our business reports service, you will receive data about management and shareholders (including historical data), information on payment discipline, detailed financial data for the past 3–4 years, the company’s rating on a scale from 1 to 10, as well as a credit limit recommendation. Take a look at a sample business report.
We suggest getting an URBA 360 tool if you often need such information. It will save you money and provide 24/7 online access to the necessary data. Learn more about URBA 360.

Additional Risks Insurance

Standard trade credit insurance covers risks related to non-payment of invoices due to a buyer’s financial difficulties (protracted default) or bankruptcy. In addition to the primary risks, we can also insure the following:

  • Political risks
  • Natural disaster risks
  • Construction sector risks
  • Pre-shipment risks
  • Disputed debt risks
  • Trade risks of your affiliated companies, including offshore entities
  • Advanced payments

Database Of Potential Reliable Clients

Are you looking for new business partners? Are you planning to expand your database of potential buyers? Are you planning to grow your business? Order a database of companies that interest you from different countries and industries. By filtering companies according to your chosen criteria and needs, you will receive a list of reliable companies to enrich your CRM.

Company Monitoring

Do you have a list of companies with whom you cooperate on credit terms, and you don’t want to spend resources tracking the financial condition of your partner? Order company monitoring and we will monitor the creditworthiness of your debtor 24/7. We will inform you of any business fluctuations of your buyer.

Factoring Services

Convert unpaid invoices into immediate working capital. We will assist you in accessing financing without collateral, guarantees, or recourse conditions. Submit a factoring application now, and we will help find the optimal financing solution, provide an offer from external financiers within two working days, and ensure financing of the invoices within one day. We will initially provide financing conditions of up to 90% of the invoice amount, with the remaining 10% after the debtor’s payment. We cooperate with numerous partners that enable us to find suitable
financing for your business, saving you time and providing competitive terms. We will find a solution even when banks say “no.”

URBA 360

With URBA 360 assess companies all around the world, to exclusive local expertise, unique data insights all in one place. Don’t waste time doing complicated research whenever you need to check on a new business partner. Use URBA 360 and make informed decisions.

Company details:

First Broker SIA

Code: 40203434880

Provided services: Trade Credit Insurance Broker Services.

 

Company details:

First Broker Services SIA

Code: 40203527752

We will help You with: World Wide Debt Collection services, Credit Reports, URBA 360, Database of potential Reliable Clients, Company Monitoring, assist on non-recourse factoring.