During a significant industry downturn in 2000, a clear need arose for a credit advisory and monitoring service that would help metals and manufacturing companies of all sizes better manage risk. Up to that point, there was nowhere to turn for industry specific support. Our sister company, Global Commercial Credit, the premier credit insurance brokers in the metals sector, capitalized on their extensive industry knowledge, relationships and ever-expanding credit files and launched ProfitGuard.
We developed a unique process for combining expert credit analysis, proprietary financial information, industry knowledge, perspective on credit insurance markets, extensive third party information resources and historical default data into a valid and reliable risk model. Our proprietary risk model has been back tested to assure our clients can count on it for scores that indicate default probability and likely payment performance. No other firm can match this capability.
Flash forward over 20 years later and PG is proud to provide clients with the next generation in credit risk management. Our new cloud-based platform provides one-stop resources to get essential credit information, view recommended credit limits, exchange trade information, see how your customers are paying others and have key accounts monitored. Leveraging the latest technology, our user-friendly platform is unlike any other product available.
As a trusted and respected go-to resource for credit risk guidance, we are proud to say over 95% of our clients renew each year. Our analyst and service teams provide unmatched support when our clients need us most. For companies of any size from small firms to major multi-national producers, processors and service centers, PG has the ability to customize a credit risk management solution for all situations.