Whois & Analysis for coface.com

Coface (Compagnie Française d'Assurance pour le Commerce Extérieur) is a credit insurer operating globally, offering companies solutions to protect them against the risk of financial default of their clients, both in their domestic and export market.

In complement to credit insurance, Coface also offers debt collection services, factoring and business information, as well as bonds.

A collection agency, also known as a debt collector or debt collection agency, is a business or other entity that specializes in debt collection, i.e. pursues payments of debts owed by individuals or businesses.

Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed.

Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount.

A business will sometimes factor its receivable assets to meet its present and immediate cash needs.

Forfaiting is a factoring arrangement used in international trade finance by exporters who wish to sell their receivables to a forfaiter.

Factoring is commonly referred to as accounts receivable factoring, invoice factoring, and sometimes accounts receivable financing.

Accounts receivable financing is a term more accurately used to describe a form of asset based lending against accounts receivable.

The Commercial Finance Association is the leading trade association of the asset-based lending and factoring industries.

Trade credit insurance, business credit insurance, export credit insurance, or credit insurance is an insurance policy and a risk management product offered by private insurance companies and governmental export credit agencies to business entities wishing to protect their accounts receivable from loss due to credit risks such as protracted default, insolvency or bankruptcy.

This insurance product is a type of property and casualty insurance, and should not be confused with such products as credit life or credit disability insurance, which individuals obtain to protect against the risk of loss of income needed to pay debts.

Trade credit insurance can include a component of political risk insurance which is offered by the same insurers to insure the risk of non-payment by foreign buyers due to currency issues, political unrest, expropriation etc.

In finance, a bond is an instrument of indebtedness of the bond issuer to the holders.

The most common types of bonds include municipal bonds and corporate bonds.

It is a debt security, under which the issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay them interest (the coupon) and/or to repay the principal at a later date, termed the maturity date.

Interest is usually payable at fixed intervals (semiannual, annual, sometimes monthly).

Very often the bond is negotiable, that is, the ownership of the instrument can be transferred in the secondary market.

This means that once the transfer agents at the bank medallion stamp the bond, it is highly liquid on the second market.