Vice President
CurrentOne Source Risk Management, a division of Alliant Insurance Services, is a specialist insurance broker and business advisor assisting companies in 3 specific ways.1) Accessing more capital from the lending community by helping companies understand how you can leverage your balance sheet to maximize your assets to access as much capital as possible without giving up equity.2) Securing Accounts Receivable through Trade Credit Insurance to help grow sales and/or transfer trade credit risk.3) Helping companies lower DSO by providing human capital to assist in the conversion of AR to cash more efficiently through our receivables management programs.One Source works with our vast international network of insurance carriers, lenders, and consultants to find the best solution for your company to either grow your business, or, to turnaround your business and create better profitability. Regarding Trade Credit Insurance, our core product, here are some key reasons businesses give us a call.1) Safely expand sales into new markets through open terms instead of cash in advance, letters of credit, or overly strict credit procedures that can restrict/limit sales growth.2) Provide a streamlined credit management tool to assist credit professionals in the evaluation and monitoring of the creditworthiness of your customer base.3) Protection against catastrophic bad debt losses resulting from the unexpected insolvency of a company's largest customers. 4) Turn your bad debt reserve into a tax deductible business expense by allocating that budget line item into a credit insurance program.
