Imagine having the freedom to fearlessly expand your business into Africa or globally. ATIDI makes it all possible.
Whether you are a local African business hoping to seek your fortunes abroad or an international company with ambitions to enter African markets, ATIDI can help you achieve your goals. We offer flexible options that ensure you are covered and able to succeed.
Credit risk insurance is a risk sharing tool that protects lenders and creditors against the risk of payment defaults. As a risk-sharing partner, ATIDI enhances the creditworthiness of transactions, giving lenders and traders greater confidence to extend financing and credit terms. This support can supplement the collateral held by lenders and allow creditors to offer more competitive payment terms, thereby strengthening their cash flow, and expanding their presence in international markets.
The following sub-products that are offered:
- Lenders all risk – insures bank facilities including: loans (also bank-to-bank), letters of credit (LCs), invoice discounting and factoring, bonds and bank guarantees provided by a bank to SME / corporate clients or to another bank.
- Bank master policy – covers a portfolio of small sized bank facilities including: loans, letters of credit (LCs), invoice discounting and bonds provided by a bank to corporate clients.
- Single obligor (SO) – insures the risk of default by one specific buyer, often restricted on one specific transaction. Occasionally, this policy is also used to insure a selected number of buyers.
- Whole turnover (WTO) – insures sales made by a corporate (in exceptional cases also a bank) to a portfolio of clients against losses arising from credit risks. Since a portfolio of clients is insured several parties are involved (one supplier and multiple buyers) and several transact.
For lenders, ATIDI offers protection against borrowers on default loans and other lending facilities, and it also includes political risk cover for cross-border transactions.