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Coface North America, a subsidiary of the Coface Group, underwrites unique insurance protection to enhance the BusinessManager program. Accounts Receivable Credit Insurance helps to mitigate risk associated with insolvency and non-payment by account debtors, while the Business Insurance Endorsement helps to mitigate risk associated with false invoices purchased by the bank and monies diverted by the business.
The Coface Group, with more than 50 years experience, has an impressive international presence and is rated AA by Fitch. With more than 3,700 employees and 83,000 customers worldwide, Coface is a world leader in providing credit insurance, credit information and credit management services. The Group has a direct presence in 56 countries, and through its two international networks, its geographical reach spans 99 countries.
Over 30 years, Regional Adjustment Bureau (RAB, Inc.), based in Memphis, TN, has become one of the largest and most successful collection agencies in the industry. Goldleaf worked in conjunction with RAB to develop CollectionsManager™, a service that enables banks and businesses to easily submit accounts for collection online or by fax, and monitor the status of debtors' payments with no out-of-pocket expense until payment is recovered.