We recently wrote about recessionary fears and rising inflation; to counter these fears, many business-to-business (B2B) companies are considering trade credit insurance (TCI), an important risk management tool for small to mid-sized businesses (SMBs) that sell goods or services on credit.
OK, now that we’ve gotten all the acronyms out of the way, let’s understand the importance of TCI and how it impacts businesses. According to an online article in Financial Executives International, “TCI…