SAM

I am a finance professional with decades of experience and a Fellow of the Kenya Institute of Bankers. As a Fellow, I share my knowledge to fight financial illiteracy and prepare my readers with basic information on financial matters.

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Trade Credit Insurance: Valuable Basics and 5 Claimable Events

Trade Credit Insurance is an insurance policy that protects you against losses due to non-payment of your debtors. It can be a smart choice for companies who need protection from unexpected business risks, such as the sudden bankruptcy of one of their largest clients. This type of insurance can cover any number or type of …

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Bank of Japan to scale back pandemic-era economic support

Loans From Banks for Business: Strong Barriers You Must Avoid

Loans from banks for business can make the difference between achieving your goals or not. There are barriers to borrowing from banks that you must overcome before the banks give you that letter of offer. At first glance, it seems illogical why people with bad credit or no credit would be denied bank loans. However, …

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Trade Credit Terminologies: 15 Terms You Must Master

Trade Credit Terminologies can be confusing to understand. Yet, you must master them to fully benefit from trade credit insurance. Trade Credit Insurance is a policy bought by traders that sell on credit terms. It protects against losses from unpaid invoices, thereby avoiding cash flow problems that can occur when your customers default. Take responsibility …

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