Trade Credit Insurance | Insurance | HSBC Business Banking

 

Business Insurance

Trade Credit Insurance

Sell more with confidence and obtain valuable protection against the consequences of domestic or overseas customer insolvency or non-payment.

Barrels of wine in a winery | HSBC Trade Credit Insurance

If you offer credit terms to your customers, Trade Credit Insurance may be right for you

Trade Credit Insurance can help your business:
  • Protect one of your largest assets, your accounts receivable, from a catastrophic bad debt loss
  • Safely extend more credit to your existing domestic and overseas customers and grow sales
  • Protect your profits and cash from a loss due to bankruptcy or slow pay/non paying customers
  • Achieve your financial objectives more confidently
  • Secure better borrowing terms

Product features

  • A leading edge online management system gives you easy access to your policy and gives you fast credit decisions
  • You have access to a proprietary database containing credit information on more than 40,000,000 companies
  • Flexible payment options - you get a policy that fits your specific needs
Benefits to you
  • Access to new market opportunities. Expand your sales with confidence and sell new customers domestically or internationally.
  • Potential to improve pricing and terms. Credit insurance can help you be more competitive.
  • Can help you lower non-deductible bad debt reserves. Your policy goes to work for your business and the premium is tax deductible.

Ready to open an HSBC Business Checking account?

How to apply

United States persons (including entities) may be subject to U.S. taxation on their worldwide income and may be subject to tax and other filing obligations with respect to their U.S. and non-U.S. accounts. U.S. persons and entities should consult a tax advisor for more information.

1 Customer service hours of operation are 8:00AM ET to 11:00PM ET.

2 HSBCnet features and functionality may vary by country.

Insurance Agents of HSBC Insurance Agency (USA) Inc., a wholly-owned subsidiary of HSBC Bank USA, N.A., and an indirectly wholly-owned subsidiary of HSBC Holdings plc offers Insurance products issued by third-party insurance carriers. Products and services may vary by state and are not available in all states.

Insurance Products:
ARE NOT A BANK DEPOSIT OR OBLIGATION OF THE BANK OR ANY OF ITS AFFILIATES ARE NOT FDIC INSURED ARE NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY ARE NOT GUARANTEED BY THE BANK OR ANY OF ITS AFFILIATES MAY LOSE VALUE

Talk to us

Learn more about how Trade Credit Insurance can benefit your company.

Contact us

Or call our dedicated Business Banking Customer Service1 at
877.472.2249

TTY/TTD:
800.898.5999

Why HSBC?

Access local expertise around the world

  • Access over 8,000 local experts in over 60 markets.
  • Maximize international opportunities and guard against risks.
  • Manage your global banking from a single log on with our award winning HSBCnet.2
  • Support and information including online guides, resources and forums.

Real-time account access

Have a question?

Call our dedicated Business Customer Service Center at
877.472.2249

We're here from 8:00AM to 11:00PM ET

TTY/TTD: 800.898.5999

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