For credit managers, securing their receivables gives them the certainty to extend more credit and support more sales. Some security products, such as bank guarantees, offer perfect protection, but they come with a negative balance sheet impact for customers. Others, like trade credit insurance, shift risk to insurer balance sheets, but don’t offer full indemnity and can be cancelled without notice. In either case, getting cover can be an opaque, time-consuming process. Bondaval MicroBonds, however, offer 100% non-cancellable protection against default, backed by A+ rated insurers. Easily purchased and managed online via the Bondaval platform, MicroBonds are the perfect instrument, on the perfect balance sheet.