more-arw search

Q&A Forum

How do you suggest I assess credit worthiness for customers in Mexico? We are a US based company.

Diana Porter's Profile


(VP - Fin) |

Unless you know the party very well, use a letter of credit.

Gary Honig
Title: President
Company: Creative Capital Associates Factoring Co..
LinkedIn Profile
(President, Creative Capital Associates Factoring Company) |

Probably the safest, most reliable way of determining the creditworthiness of a foreign company (there are legitimate businesses outside the US) is through a credit insurance company like EulerHermes or Coface. Depending on the opportunity in size and scope it might be to your advantage to have the transaction insured against non-payment. Insurers regularly analyze for credit and offer credit limits for policy holders.


Get Free Membership

By signing up, you will receive emails from Proformative regarding Proformative programs, events, community news and activity. You can withdraw your consent at any time. Contact Us.

Business Exchange

Browse the Business Exchange to find information, resources and peer reviews to help you select the right solution for your business.

Learn more

Contribute to Community

If you’re interested in learning more about contributing to your Proformative community, we have many ways for you to get involved. Please email [email protected] to learn more about becoming a speaker or contributing to the blogs/Q&A Forum.