Exporters’ association calls for action on credit insurance cover

THE Irish Exporters’ Association (IEA) has called for the Government to act swiftly to aid companies, reliant on the export of their goods, that are failing to attain credit insurance cover.

Although the Government does have plans to offer a state guarantee scheme to affected firms, the IEA is calling for an urgent implementation of the programme, as it is having an effect on firms’ cash flow requirements for their supply chains.

The main representative body for Ireland’s indigenous exporting companies has previously claimed that many companies are facing potential ruin because they are finding it harder to get credit insurance.