Financial protection is usually top of the agenda for the majority of business owners. Credit Insurance transfers the risk away from a business to the credit insurer, protecting the policyholder if their customer were to become insolvent or fails in paying its trade credit debts.
Credit insurance provides cover for businesses if customers who owe money for products or services do not pay their debts. This can also be extended to cover when payment terms are not kept to and payment is deemed late.
In essence, credit insurance gives businesses the confidence to extend credit to new customers and improves access to funding, which in some cases leads to more competitive rates.
There are several different types of credit insurance on offer:
We can enable you to:
For more information, please do not hesitate to contact us.
We have a growing reputation for providing practical solutions to the problems faced by financially distressed and underperforming businesses.
Our carefully selected partners can assist with debt recovery and collection in UK and overseas. They are also able to assist with enforcement issues and tracing missing debtors on your behalf.
No longer are businesses reliant upon bank lending alone. They now have the flexibility to go out and source finance from various offerings taking in to account what is right for their business and its needs.