Global Commercial Credit LLC is an American trade credit and political risk insurance broker.
History Global Commercial Credit was founded on March 1, 1996"Credit firm receives new clients", by Matt Roush, Crain's Detroit Business , February 10, 1997 by Craig Bonnell and Victor Sandy in Bingham Farms, Michigan."2 Dun & Bradstreet staffers join firm in corporate finance", by Matt Roush, Crain's Detroit Business , March 11, 1996 The company targeted middle-market companies with revenues of between $50 million and $500 million, an area which David Brophy, a finance professor at the University of Michigan, said was underrepresented due to a trend towards larger banks.
The company opened a second office, in Chicago, Illinois, in the fall of 1996 and reported that they had protected over $2 billion in receivables, representing five different insurers, after 10 months of business. The company operates offices in Boston, Baltimore, Tampa, Chicago, and Cleveland.
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Benefits of Working with a Credit Insurance Specialty Broker What are the Benefits of Credit Insurance? How to Buy Credit Risk Insurance "Global Commercial Credit, of Bingham Farms, Leads in Domestic, Export Consulting ", by Jerome O'Neill, Michigan Banker , November 1997