Credit Risk Management Group, LLC (CRMG) helps clients mitigate the risk of credit loss, from both domestic and international trade.  It provides risk consulting and as a broker, provides credit insurance to allow you to expand domestic and foreign sales while reducing risk.

Credit Insurance can protect your domestic and foreign accounts from loss caused by customer insolvency. It can increase your profits by allowing you to increase sales, while reducing bad debts, and may allow you to reduce bad debt reserves as well.

We can also provide Political Risk Insurance to protect against non-payment due to trade embargo, currency inconvertibility, contract frustration, confiscation, expropriation, and nationalization.

• Increase credit lines to domestic accounts
• Extend credit to prospects your competition is turning away
• Gain market share
• Expand into foreign markets on open terms
• Reduce bad debt reserves

Contact Thomas Raspanti, VP, Credit Risk Management Group, LLC at
traspanti@creditek.com or call 1-800-216-4000, Ext. 360.  

Risk Management Consulting

We make sure your credit exposures, policies, and practices are in line with your risk, sales and cash flow strategies.

• Identify concentrations and excessive risk
• Establish or enhance credit policies
• Update credit files
• Develop strategies to mitigate risk
• Examine alternative credit information and decision making tools
• Review and improve collection systems and processes