Trade Credit Insurance Proves to be a Useful Financial Tool
Originating in 1893 and used heavily in Europe after World War II as a way to boost the economy and drive exports, trade creditinsurance is reportedly used by 50% of European businesses, with the U.S. coming in at 10%. Trade creditinsurance has seen increased growth in emerging markets and in the United States during the past 20 years. Todd Lynady, vice president at…
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