Find out how you can protect your business from bad debt.
Protection For Your Business
Safeguard your cash flow against debtor insolvency or prolonged default.
Simply submit the details of your case online and we will contact you to discuss your needs in more detail.
Our consultants can then put you in touch with a credit protection expert. It’s that easy to get started.
You can then secure insurance to protect your trading cycle against potential bad debt.
Find your ideal Credit Protection option today.Apply Now
Thousands of businesses rely on sales from multiple customers and credit protection, also referred to as credit insurance, which helps to preserve credit health for businesses. If serious bad debt were to arise from a key account or customer, financial stability could be affected significantly. To prevent this, cover can be acquired which usually is provided in two forms:
Risks of bad debt
The likelihood of struggling customers ending up insolvent is high in today’s economic climate. Financial troubles which affect the debtor can have a knock-on effect to the businesses which are owed. While it is hard to predict the severity of bad debts before they arise, contacting a credit protection expert can help limit the damage afflicted by such a turn of events.
Managing credit risk is complex for any business, whether you are pre-trading or better established. Our experienced broker team has a comprehensive knowledge on bad debt and the options available in the event of non-payment. Combining our expertise around finance facilities and relationships with the most suitable credit insurers currently available also puts us in a unique position to help. For more information and guidance, fill in our contact form or alternatively call 0845 388 9725 to speak to one of our consultants today.Contact Us
Industry: Security Turnover: £150k Lender: Ashley Finance
“We’ve seen a big difference. Customers who used to pay late are now settling their invoices on time, because they’re being chased. It’s going really well and our cash flow has improved significantly.” – Managing DirectorRequest Quote
Industry: Manufacturing Turnover: £2m Lender: Sterling Trade Finance
“Without this invoice finance arrangement we would not have been able to fulfil this major order, which would have had serious implications for our business. The invoice finance gave us what we needed, when we needed it.” – Director.Request Quote