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Supporting SMEs

Published by Uma Rajagopal

Posted on June 25, 2014

1 min read
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Massimo Falcioni, CEO of Euler Hermes GCC explains how Euler Hermes recently launched 3.0 strategy is helping support SMEs. Visit Euler Hermes  View the full interview 

 

Key Takeaways

  • Euler Hermes launched its EH 3.0 initiative to make it easier for clients to work with them.
  • The 3.0 strategy strengthens support for SMEs via enhanced trade credit insurance.
  • Euler Hermes GCC encourages SMEs to enhance financial flexibility by trading on credit.
  • Trade credit insurance protects SMEs from payment defaults, improving access to funding.

References

Frequently Asked Questions

What is Euler Hermes 3.0 strategy?
EH 3.0 is a three‑year initiative launched in 2014 aimed at adding client value by making Euler Hermes easier to work with.
How does EH 3.0 support SMEs?
It enhances SME support through trade credit insurance, helping protect against payment defaults and improving access to finance.
Why trade on credit is important for SMEs?
Trading on credit reflects up to 60 % of company assets and with trade credit insurance increases creditworthiness and survival during difficult times.

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