Trade Credit Insurance
Trade Credit insurance is not compulsory. It is, however, a crucial cover with which you can protect your company and it’s debtor list against unexpected bad debt.
Companies can fail because of cash flow problems-the impact of payment default by one or more key customers could be catastrophic.
Trade credit insurance covers accounts receivables is aimed at companies who:-
- Trade business-to-business on agreed credit terms
- Have a spread of customers whose individual or collective demise would cause a real problem
- Have proper credit control systems in place
- Want to increase and expand their customer base (both Domestic and Export) on a finally secure basis
- Feel it is important to present their company in the most positive light to their bankers
By putting this insurance, you are placed in a stronger position to develop and grow with confidence, with protection from bad debt.
Get in touch
For help with organising Trade Credit insurance, contact CLEAR MPW on 01622 683913 or [email protected].