Trade Credit Insurance

There are a number of factors contributing to this alarming trend – the ATO ramping up its efforts to collect the $50 billion owing to them, increased collection activity from the big four banks and tight margins due to higher operating costs to name a few. 

Trade Credit Insurance plays a role in stopping the domino-effect.  It replaces lost cashflow and safeguards profits, ensuring policyholders stay resilient.  It provides Security to offer financiers, suppliers and shareholders.  And valuable information about your customers to assist ongoing credit management – eg. If a debtor is not paying other Insured suppliers

As Insolvencies remain high, can you afford not to protect your business against the risk of a bad debt?