Introduction

In an increasingly competitive global market, Zimbabwean exporters face the dual challenges of securing payment and managing geopolitical risk. Credit insurance provides a safety net that allows companies to pursue new markets with confidence.

1. What Is Credit Insurance?

Credit insurance is a contract between an exporter and an insurer—like CredSure—whereby the insurer agrees to indemnify the exporter against non‑payment by overseas buyers due to insolvency or political events.

2. Key Benefits for Exporters

• Payment Security: Protects against buyer default, ensuring predictable cash flow.
• Access to Finance: Banks are often more willing to extend financing when receivables are insured.
• Market Expansion: With reduced risk, firms can explore new territories.
• Competitive Edge: Ability to offer open‑account terms to buyers, making bids more attractive.

3. Real‑Life Success Story

Kariba Textiles turned to CredSure’s export credit insurance in 2023. Within six months, they secured a US‑funded project in East Africa valued at USD 250,000—an opportunity they might have otherwise missed.

4. How to Apply

1. Assess Your Export Ledger: Compile aged receivables.
2. Complete Application: Use our online portal for a step‑by‑step questionnaire.
3. Underwriting Review: Our team evaluates your buyers’ creditworthiness.
4. Policy Issuance: Coverage typically begins within 5–7 business days.

Conclusion & CTA

Don’t let non‑payment risks hold you back. Get a quote today to explore tailored credit insurance solutions for your export business.