Easyliner: An All-inclusive online credit insurance for small businesses

Safeguard your small business from unpaid invoices with a clear, all-inclusive, flat-rate policy.

Safeguard your accounts receivable with credit insurance tailored for small businesses

4 of 10 very small businesses report that their company has been put at risk due to customer non-payment.

Directors and CFOs know that late payments and unpaid debts can have severe consequences, impacting on cash flow, productivity or growth prospects.

Get ahead with EasyLiner. Protect the accounts receivable of your small business with made-to-measure credit insurance so you can secure your B2B invoices domestically and overseas.

Cover invoices through client assessments
Coface assess debtor credit worthiness and cover business credit sales and Coface credit assessments are based on our worldwide network of risk experts with local knowledge on potential prospects or customers. Our risk team analyse relevant financial data, companies, sectors and country risks on an ongoing basis so our customers can be alerted to potential risks.
Indemnify business losses against non-payment and insolvency
Protect business cash flow and preserve margins through the Coface credit insurance solution for small businesses. The collection process can take a long period of time and is not always successful, Coface can indemnify for losses by up to 90% of the invoice value.
Collect overdue receivables
Report unpaid guaranteed invoices online. Manage the collection of receivables both domestically and across the globe and our capable teams can optimise collection rates while maintaining trade relations.

Contact our Coface Credit Risk Management Expert and Learn More :

A simple, straightforward, all-inclusive policy

EasyLiner credit insurance for very small businesses: designed for and dedicated to companies with a turnover under NZ$ 9 million.

Are you the director or financial manager of a very small business?

100% online management
All-inclusive annual package
Premium rates starting at NZ$ 6K

With EasyLiner business can control budgets and protect the business

Grow your business in complete confidence

Is business looking to expand in new markets? EasyLiner protects business turnover while business opportunities can be explored domestically and / or abroad.

Streamline commercial growth by leveraging leverage our credit assessments and continuous monitoring of business clients' solvency, both current and prospective.

With EasyLiner, competitive advantage is gained by optimizing the credit terms that can be extended to customers.

Become a good customer for your bank

Guarantee invoices with EasyLiner and boost trustworthiness with financial partners.

Opting for a SME credit insurance policy that improves the terms for borrowing and can enhance access to business overdraft facilities.

With EasyLiner a delegation can set up of guarantee free of charge and transfer payment of the indemnities of Easyliner policy directly to a bank or factoring company.

EasyLiner: easy to manage on a day-to-day basis

Managing policies is quick and easy on our online platform:

Monitor and track the solvency of clients:
Get our experts' assessments and guarantees about customers online. If the customer situation deteriorates, the team at Coface will notify your business.
Online insurance claim:
Once a claim is reported, Coface launch the collection process immediately, whether it’s domestically or on the other side of the world.
Indemnification:
If the collection is not successful after a time-frame agreed in the policy, Coface will pay a compensatory indemnity.

Questions? The experts in our Customer Relations Department are available to assist and manage your policy on a day-to-day.

80% of small businesses are facing unpaid debts
Small businesses are confronted with bad debtors on a regular basis, and have to work extremely hard to ensure their debts are settled.
25% of small business failures are the result of unpaid debts
Two out of three companies pay their sub-contractors or suppliers late. This is the root cause of nearly a quarter of all bankruptcies of very small businesses.
40% of the assets of small businesses are customer loans
Late payments and unpaid invoices represent almost 40% of small business assets. Accounts receivables are a significant burden, which strengthens the case for managing your credit risk properly.

Frequently Asked Questions

The EasyLiner solution is made for small businesses with a minimum turnover of NZ$ 9million. It’s a simple credit insurance policy dedicated to small companies at an all-inclusive rate starting at NZ$ 6K a year.

The price depends on estimated turnover for the current financial year, business profile (the business industrial sector and number of customers, for example), and the various options that can be taken. A free, no-obligation quote online can be obtained in just a few clicks by choosing the level of coverage to suit business needs. The price stated online includes the insurance premium (including insurance tax) and service fees. It’s an "all inclusive" price.

The history of failing companies shows that even clients have a trade history, and have worked with for a long time, may face financial difficulties and stop settling their invoices. And sometimes it's too late when an issue is identified. That’s why under Easyliner the entire client portfolio must be covered to reduce this risk. However, turnover with affiliated companies, public companies or individuals is excluded from the policy and, it follows, from a rate base. Turnover both domestically and abroad is requested through the quotation process.

as well as You tell us about the turnover to be covered domestically and / or abroad when asking for the quote.

With an EasyLiner policy, coverage by our debt collection service for covered unpaid invoices is standard. Recoveries collected are paid during this phase. If some of the receivables are not recovered, Coface will pay compensation equivalent to 90% of the unpaid invoices. Coface also offers 3 options for determining the maximum amount of annual indemnification (the disbursement limit) that the policy can benefit from.

If a client is pleading a commercial dispute to avoid paying, our collection managers will check that they are not acting in bad faith as a way to conceal their inability to pay. If the dispute is genuine and bona fide, coverage will not be canceled, but our collections will be suspended until the dispute has been resolved. The guarantee is reactivated once the dispute has been resolved, and the invoice can be indemnified if the customer is unable to settle it.

Disclaimer:

The information provided on this website is for general informational and educational purposes only. The content is not directed at any particular individual or organization and should not be construed as financial advice.

We do not provide financial advice, and while the content on this website may include description or features of trade credit insurance products, it should not be considered as financial advice. Always seek the advice of a qualified financial advisor/insurance brokers/agents regarding any questions you may have about financial decisions, including those related to insurance products, taking into account your circumstances.

We make no representations or warranties of any kind, express or implied, about the suitability, completeness, accuracy, reliability, or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose or for any particular individual or organization.

Any reliance you place on such information is therefore strictly at your own risk.

Easyliner: An All-inclusive online credit insurance for small businesses

Safeguard your accounts receivable with credit insurance tailored for small businesses

Secure your outstanding debts effortlessly

Cover invoices through client assessments

Indemnify business losses against non-payment and insolvency

Collect overdue receivables

Contact our Coface Credit Risk Management Expert and Learn More :

A simple, straightforward, all-inclusive policy

Grow your business in complete confidence

Become a good customer for your bank

EasyLiner: easy to manage on a day-to-day basis

Secure a businesses most crucial asset

80% of small businesses are facing unpaid debts

25% of small business failures are the result of unpaid debts

40% of the assets of small businesses are customer loans

Credit Insurance

Frequently Asked Questions

Disclaimer:

Easyliner: An All-inclusive online credit insurance for small businesses

Safeguard your accounts receivable with credit insurance tailored for small businesses

100% online management

Cover invoices through client assessments

Indemnify business losses against non-payment and insolvency

Collect overdue receivables

Contact our Coface Credit Risk Management Expert and Learn More :

A simple, straightforward, all-inclusive policy

Grow your business in complete confidence

Become a good customer for your bank

EasyLiner: easy to manage on a day-to-day basis

80% of small businesses are facing unpaid debts

25% of small business failures are the result of unpaid debts

40% of the assets of small businesses are customer loans

Credit Insurance

Frequently Asked Questions

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Disclaimer: