Bad Debt Protection
It’s business as usual with Bad Debt Protection Added security against bad debt, protecting your ability to grow with complete confidence. Bad Debt Protection can offer peace of mind in the knowledge that your business is safeguarded against the risk of late and non-payments.
It’s available alongside our and solutions to businesses supplying goods or services on credit terms - minimising the impact of customer insolvencies or protracted default on your business and providing up to 100% on all credit approved debt – subject to VAT and first loss.
Protect your business from the unexpected
Bad Debt Protection isn’t a one size fits all. We use the insight available to us from the wider economic environment to evaluate credit worthiness. Through our Client Portal you can manage cover easily – getting visibility into customer credit worthiness and credit limit requests with our straight through processing.
The benefits of Bad Debt Protection
No charge for credit limit requests
Over 95% of credit limit requests assessed within 24 hours
No maximum claim limit
No fee for individual claims
No insurance premium tax
Improves your credit worthiness
Access to cross-border expertise in most markets
Cost based on annual turnover
Direct access to expert in-house Credit Management Team