Del Credere agents

Del credere agents.

• Del credere is Italian for “to trust”
• Possess the goods they sell.
• Have insurable interest on the goods in their possession
• Sell goods on behalf of their principals.
• Sell goods in their own names.
• Deliver goods to their customers.
• May borrow loans from financial institutions using the goods as collateral security.
• Guarantee payment to their principals.
• Receive a high commission.

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