Case Study: an S&P 500 business credit card provider achieves zero credit risk onboarding with Bondaval's MicroBonds

How an S&P 500 Business Credit Card Provider onboards new customers with certainty

An S&P 500 business credit card company faced the challenge of managing the risk involved in onboarding new customers with uncertain or unknown credit quality. Its credit and sales teams struggled to choose between turning down potential business and accepting unknown financial risks. To solve this, the company partnered with Bondaval and implemented its MicroBonds product.

By using Bondaval's MicroBonds, the credit card provider gained 100% protection against credit risk with non-cancellable cover for 12 months, backed by an A S&P rating. This solution from Bondaval enabled the company to onboard new customers with certainty, resulting in a sharp increase in new customer growth, zero credit risk, streamlined procedures, and highly satisfied teams.