Our Service

GUARANTEED payment of your Net Term and COD sales throughout Canada and the United States

PRE-APPROVED lines of credit for your customers, allowing you to continue selling without notifying us each transaction.

CREDIT assessment and evaluation services for all your new and existing customers submitted to us for credit approval, at no additional charge.

FAST approval of your new customers.

100% PAYMENT of your outstanding invoices in the case of late payment (60 days past due). insolvency, bankruptcy, or when you have received a NSF cheque.

NO DEDUCTIBLES. You can expect full reimbursement of your unpaid invoices within thirty (30) days of claim acceptance.

YOU WOULD SUBMIT A CLAIM FOR TWO DIFFERENT SCENARIOS:

1. Your customer goes bankrupt or simply shuts down its operations. In this case, call us immediately - this not only speeds up your claim payment, but also heightens our chances of collecting the debt from your customer.

2. Assuming you deal in 30-day terms, we cover any shipments made to your customers up to 60 days. At 60 days past the invoice date, we expect you to cut-off any further shipments to that customer until their account is once again below 60 days. If an account nears 90 days past the invoice date, then you must send a letter of redirection announcing our company and suggesting that the customer pay their account in order to avoid spoiling their credit rating. If payment is not received immediately submit the Claim right at 90 days. You can allow the account another 10 days to pay, but you must submit the claim by 100 days from the oldest invoice date.

CLAIM PROCEDURE:

Once any part of a customer's balance is 60 days past the invoice date, we expect you to suspend any further shipments to that customer.  We will be off risk for any future invoices, until such time as the customer's account is brought below 60 days. 

If an account nears 90 days past the invoice date, you must send a letter of redirection announcing our company and suggesting that the customer pay their account immediately in order to avoid damaging their credit rating. 

If payment is not received immediately after sending the redirection letter, then submit the claim to us within 90 to 100 days of the invoice date.

Call Us Toll Free: 1(800) 268-3284 ( All North America)