Trade Receivable Protection ("TRIPs")

Vendor protection when it counts

Our TRIPs product provides trade vendors with accounts receivable protection, on even the most high-risk accounts. Our TRIPs program relieves trade vendors from:

hesitating or refusing to provide product over concerns of getting paid;
spending time worrying about payments and spending time and money in pursuit of payment;
failing to get paid due to a customer's bankruptcy or liquidation; and
forfeiting the opportunity to be a standout vendor during a company's restructuring or bankruptcy over concerns of getting paid.

What are TRIPs?

For more information on types of TRIPs and key terms click here(opens in new window) .

Credit Suisse offers credit risk protection through TRIPs, upon the occurrence of certain events, a vendor would have the right to put trade claims to Credit Suisse. By shifting the credit risk of a particular account to Credit Suisse, a vendor can continue to supply or service customers, particularly high risk customers, and plan future sales volume, while receiving protection against particular credit events.

TRIPs provide a tailored form of protection.

TRIPs apply to a particular account of a vendor, not its entire receivable portfolio

The duration of TRIPs is also flexible; TRIPs can be structured to cover a period as short as 3 months or as long as 5 years
Unlike most trade insurance and factoring agreements, TRIPs, and anything in between, cannot be canceled or modified by Credit Suisse to drop or limit coverage
The confidentiality of TRIPs allows a vendor to continue to supply and thereby, support its customers without increasing risk exposure

Advantages over using Credit Suisse TRIPs versus Alternative Forms of Protection(opens in new window) (PDF) and Credit Derivatives(opens in new window) (PDF) .

Vendor Protection Process(opens in new window)