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Credit protection is in effect “bad debt insurance” which ensures that you are protected from bad debt. This bad debt will usually come in the form of a business\’s debtor going bust. Bad debt such as this can have a detrimental impact on a business\’s cash flow, especially for companies with only a few select customers.
How does Credit Protection work?
Credit Protection can give companies peace of mind that if a debt becomes ages or one of your debtors becomes insolvent, the credit protection will kink in and look to recoup any potential losses.
What are the benefits of Credit Protection?
Who is Credit Protection best for?
Our debt recovery broker service is ideally suited to businesses that work with only a few select customers who may make up a significant amount of your business\’s income.
Why use Touch Financial?
Our consultants can help put you in touch with a credit protection expert. It\’s that easy to get started.
Why not give us a try?
Simply Submit the details of the case online and we will contact you to discuss bad debt insurance in more detail. Once we have all the necessary information we will work with the experts to secure payment from the debtor.
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