Credit Insurance may be an option
In today’s difficult economic climate, business failure is a real and growing issue. How would your business cope if one of your major customer’s failed to pay? Would you still be able to pay your staff, suppliers and utility bills? The catastrophic effects of bad debts are well documented and can be a real barrier to business growth.
One solution is credit insurance which allows you to cover one of your most valuable assets, your sales ledger, against the risk of business failure. In addition, the policies provide access to unique, continually updated, financial information on both new and existing customers.
Credit Insurance helps to ensure that a business has a secure financial foundation enabling it to remain profitable and in a strong position to develop and grow with confidence, With a policy in place you are armed with a powerful financial and economic information source enabling you to develop business with successful and secure partners.