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Coface and BCCI will issue Excellent SME certificate









For the first time in Bulgaria Coface Bulgaria, in cooperation with the Bulgarian Chamber of Commerce and Industry, introduces “Excellent SME certificate”. It is a tool that rewards SMEs’ performance, in terms of commercial risk and safe businesses. The official launching of the certificate was done by signing an Agreement between the Chamber and Coface Bulgaria Credit Management Services Ltd, on 28th January 2014 at BCCI. 
 
“Excellent SME Certificate” will be issued by the Bulgarian Chamber of Commerce and Industry, after Coface’s confirmation regarding the latest company's financial assessment. This report will certify the company's stability in terms of its financial statements, debts to the state budget, payment incidents and its legal situation. 
 
Milena Videnova, Country Manager of Coface Bulgaria, presented the certificate. She expressed confidence that the “Excellent SME certificate” will add undisputable benefits to the positions and competitiveness of the Bulgarian SMEs on the international and domestic markets. “The certificate will add on the reputation of the companies as well, and this will be based on the professionalism and experience of Coface in evaluating commercial risks”, she added.
 
Tsvetan Simeonov, President of the BCCI, noted that “the security of the commercial turnover is of great importance to the BCCI. We believe this agreement will contribute to the companies to make informed decisions by getting in-depth information about their partners”. 
 
The performance of the companies will be measured on a number of criteria to ensure security of the partnership, and the logo of the certificate will be placed on the site of the nominated SME, so that the reference will be visible from the first visit to the site. For this purpose licensed SafeSigned web technology will be used to prevent the website logos and certificates from being copied to another, non-authorized website, by creating a web page on the SafeSigned servers for the companies that do not yet have their own webpages. 
 

28.01.2014

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