The debtor’s creditworthiness is assessed in two steps:
A first analysis is based on the credit rating produced by our credit insurer Euler Hermes, the global leader in credit insurance. The credit rating must be equal to or above the minimum required by Edebex. If the rating is below, the debtor is immediately refused.
If the credit rating provided by Euler Hermes reaches the required minimum, the first analysis will be followed by additional controls conducted by Edebex.
This means that in practise, the acceptance of debtors by Edebex is more restrictive than the acceptance by Euler Hermes.