Top-Up Coverage

Published on 07/04/2017

Additional increase in credit limit with Top-Up cover Suppose your credit insurer does not grant the full credit limit or sets it lower. And yet you would like additional cover. For example, to absorb peaks in turnover with key strategic customers. A 'top-up' cover offers the solution. How does it work?

What is it?

The Top-Up limit is an additional credit limit that can be issued up to double the reduced or lowered credit limit. You can take the limit from your credit insurer or from another.

How does it work?

Xolv will first carry out a careful analysis of whether the originally requested credit limit can still be set higher. If this is not possible, we will check with which credit insurer you can apply for a Top-Up limit. With some credit insurers, it is even possible to set a limit for debtors with a 0 limit.

What does it offer you?

  • Protection of your balance sheet and maximum insured turnover
  • Stable cash flow and easier access to affordable working capital financing
  • Long-term strategic customer relationships and competitive advantage
  • Coverage of unforeseen losses

Want to know more? Get in touch.