Credable expands SME invoice coverage

Credable – a Swedish insure-tech start-up that is part of the Euler Hermes group – is expanding its SME invoice insurance cover to 24 European countries: Sweden, Norway, Denmark, Finland, UK, Ireland, France, Germany, Italy, Switzerland, Netherlands, Belgium, Luxembourg, Spain, Portugal, Poland, Czech Republic, Slovakia, Hungary, Romania, Bulgaria, Latvia, Lithuania and Estonia.

The service allows companies to go online and check the creditworthiness of their customers for free and, based on a realtime credit rating, instantly purchase credit insurance on individual invoices. Companies can even insure invoices up to 15 days after they have been issued.