IPP, happy and (financial) healthy!
We receive many questions about our credit policy. In below text our Financial Administrator (Holger Buss) explains IPP policy when it comes to granting credit to our customers.
As a business partner, Euler Hermes has been a great added value for years. With their high-quality experience and worldwide network, they are our perfect sparring partner.
Our Sales Engineers often agree on a multi-year delivery with our customers, there are risks associated with this because we also enter into an obligation with our partners, which is often irrevocable. Our policy is that we will never do business with a customer if we do not receive a positive credit line from Euler Hermes. In this case, the customer is required to pay in advance.
Customers who want to place an order with IPP BV must have a healthy solvency – this is where our credit insurer comes in. Euler Hermes checks this on a regular base. With the pre-risk insured in our policy, we can confidently conclude long-term contracts with you, our customer!