Empowering digital trade finance
SMEs want to focus on doing business. Important administrative work such as invoicing or accounting needs to be easy and effective. If you are servicing SMEs, Munich Re has a proposal for you: Talaria completely integrates into your solution and processes, and offers your client base of small and medium-sized companies a simple way to optimise their working capital and enhance their cash flow.
Co-create your specific solution suite with us to enable your customers to take out credit insurance and monetise their invoices with just a few clicks. The backbone of our solution is Munich Re’s superior pricing methodology and a scoring engine based on Munich Re’s expertise in data analytics and machine learning.
Partner with us and we will enable you to offer "invoice-to-cash-solutions" customized to your clients needs and tailored to your strategic goals.
Your benefits at a glance
Even successful SMEs are short of money
SMEs are currently underserved by financial institutions. Most trade credit insurance and factoring offerings are designed for either retail or larger enterprises. Often the solutions are too complex, not modular enough and require a lot of explanation.
However, the need is great: SMEs rarely have a sufficiently solid capital base and stable working capital flow. Even if many invoices have been issued and the order books are full, they can quickly run into financial difficulties.
On the other hand, providers of attractive financial solutions for SMEs also face challenges. They have to evaluate the associated risk precisely and must be highly experienced in processing important information for valid decisions.
Let‘s develop together and benefit from customer satisfaction
The backbone of Talaria is based on three pillars: Customer-centric product innovation, best-in-class risk scoring and modelling, and a highly efficient sales process. We will work with you to develop an agile, convenient and smart product that is fully tailored to your customers' needs.
Our partners have access to a large number of SMEs and share clients' transaction data with us for risk-based analysis of their invoices. In return, Munich Re not only provides working capital based on outstanding invoices, but also offers forecasts and assesses clients' creditworthiness.