Credit management is a vital link in business activity of every company and consists of the whole range of measures for managing company’s accounts payable and receivable.

IBcontacts provides the whole range of credit management services for foreign export credit agencies, banks, export and import companies both in Ukraine and abroad, including:

• credit reports on financial stability of business partner (providing business information);
• credit insurance consulting;
• legal opinion;
• payables and receivables portfolio management;

Effective credit management is always conditioned by the availability of actual and unbiased information regarding the creditworthiness of the business partner and is a preventive method that allows assessing commercial risks and making a well-grounded decision.

At the same time, the implemented credit management system includes arrangements for controlling and monitoring of existing counterparts and their business activity by means of legal and financial instruments. In case of problem debt emergence, it allows to promptly involve settlement instruments, including restructuring, respite of payment, and refinancing.