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COFACE SERVICES SOUTH ASIA PACIFIC PTE LTD1> |
| Website: http://www.coface.com; www.coface.com.sg |
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Coface's mission is to facilitate global business-to-business trade by offering its 130,000 customers four business lines to fully or partly outsource trade relationship management and to finance and protect their receivables: credit insurance, factoring, ratings and business information and receivables management.
Abroad, Coface Holding is present throughout Cofaces network of specialized brokers and local partners within the CreditAlliance Network
Coface also offers, in France, management of government export guarantees. Through its worldwide local service delivered by 7,000 staff in 67 countries, over 45% of the world's 500 largest corporate groups are already customers of Coface.
Coface is registered as an insurance branch in Singapore since June 2002.
Besides credit insurance, Coface in Singapore also offers ratings and business information, and debt recovery services through its subsidiary, Coface Credit Management Services Pte. Ltd. In addition, receivables financing is offered through its subsidiary, Coface Factoring Singapore Pte Ltd; while marketing information is offered through its other subsidiary, Kompass South East Asia Ltd.
The regional headquarter that centralizes the operations for Coface in South Asia Pacific (SAP) is located in Singapore.
Coface SAPs regional subsidiaries are located in Australia, India, Malaysia, Thailand and Vietnam. In Philippines and Indonesia, credit insurance is offered in these countries via strategic fronter partnerships.
More About Cofaces Four Business Lines
Receivables Protection: Coface provides credit insurance to help companies manage their customer credit risk. Whatever its form, domestic, export, global, specific or excess of loss, credit insurance protects companies and banks against the risk of default by customers.
Major Benefits:
Flexibility of Open Account Terms
Protection Against Non-Payment
Improved Access To Financing
Worldwide Debt Collection
Receivables Financing: Coface receivables finance provides you with immediate cash to exploit new avenues for growth or recovery. Your financing facility grows with turnover, unlike an overdraft facility which is fixed. You benefit from improved balance sheet positioning, while enjoying service support that leaves you free to seize fresh trading opportunities.
Major Benefits:
Ledger Administration
Flexible Financing that Grows in line with your Turnover
Credit Protection
Enhancement of Balance Sheet Ratios
Business Information: Companies need reliable information concerning their trading partners; financial situation and their ability to honor commitments (solvency information). Coface has the strong investigative and global experience in credit information to help you find creditworthy trading partners.
Major Benefits:
Freshly-investigated Reports
Comprehensive Information
Country & Sector Analysis
Credit Recommendation
Receivables Management: Debt Collection from your customers becomes very complex when they are based overseas. Coface Singapore offers debt collection services that ensures rapid action and fast remittance of the collected amount received by us within 20 working days to you.
Major Benefits:
Rapid Action within 24 hours of Files Receipt
No Collection, No Fees
Fast Remittance of Debt Recovered in 20 Days
Assurance of Professionalism in International Debt Collection
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