Coface

Coface is an international group in credit insurance, business information and commercial debt recovery. The legal entity named is Compagnie française d'assurance pour le commerce extérieur, registered as 552 069 791 RCS Nanterre, with its address in Bois-Colombes, France.

Services

Three services are listed: international debt recovery, credit insurance and credit risk management. These fit together along the life of a trade receivable: assessing the risk of a buyer, insuring the exposure and, if payment does not arrive, pursuing recovery.

Markets

Recovery is described as international, without a list of countries, so the reach for a specific debtor should be confirmed with the company. The registered base is in France.

Who it suits

Suppliers, merchants and payment businesses that extend trade credit to corporate buyers, particularly in cross-border sales, can use credit insurance to protect receivables and recovery to deal with overdue invoices. Coverage limits, premiums and recovery fees are not published and are agreed with the group on a case-by-case basis.