You never know what’s around the corner, and even the most trusted customer can find itself in difficulty.
Credit insurance safeguards short-term cash flow, encourages longer-term profitability, and supports sustainable business growth.
Benefits of credit insurance
A customer failing to pay for goods or services may have a huge impact on cash flow and profits.
Credit insurance protects businesses against the risk of a customer finding itself unable to pay for goods and services. It is a dynamic form of insurance, adapting as customer profiles and business needs change.
Benefits of credit insurance
1
Protect short-term cash flow
2
Early warning for potential default
3
Flexible for different sizes of business
4
Adaptable for different industries
5
Offering confidence to trade and grow
6
Safety-net against unforeseen losses
7
Vet potential customers
8
Manage long-term profit
9
Reduce exposure to non-payment risk
10
Improve access to trade finance