Roy J Maxime
Insurance Company in Lafayette, LA
In today's global economy, doing business internationally gifts many challenges and opportunities. Challenges, in the form of increased risks associated with foreign political and legal uncertainties. Opportunities, to firms willing to enter new and profitable markets. However, exporters often find it necessary to provide credit to foreign firms to compete for their business. Many U. S. Companies are making significant investments in foreign countries, including buying land, building manufacturing facilites, and placement of equipment, such as oil and gas rigs, in foreign countries.
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Roy J Maxime
read moreOverseas customers usually want you to extend credit. Interest rates in their country may be high and their access to capital limited, so they would prefer to buy on credit terms. While selling on credit to foreign customers will increase sales, it will also increase risks. While you may know your foreign customer well and have good payment history with them, events outside of their control could prevent them from paying. Businesses operating overseas often need to make significant investments in foreign countries.
About Us
read moreWhy Use an Independent Broker? As an independent insurance broker, J. Maxime Roy, Inc. represents the client rather than the insurance company. We have brokerage relationships with Ex-Im Bank and all of the leading global insurers offering trade credit, political risk, international insurance and bonding. As a specialty broker our responsibility is to find the best coverage at the best price to meet our clients' needs. We guide our clients through the process to make the right decision that reduces risk and enhances sales.
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