Trade credit insurance
Trade credit insurance to help protect your business
The risk of non-payment can be a significant risk for any business trading on open credit terms. You can mitigate this risk to your business by getting credit insurance. This can cover any business dealing on credit terms, whether you are supplying goods, providing services or operating in a contracting environment.
- Protects your business from the financial impact of bad debts
Provides cover when your customers become insolvent or are financially unable to pay
- Helps your business grow
Provides a credit vetting facility to enable you to trade with confidence
- Helps your cash-flow
Provides help in collecting monies owed from your customers
The benefits of trade credit insurance
Businesses can benefit from insurance protection, giving you confidence to expand sales to new and existing customers and markets. It can also enable you to sell on open account terms, which can be a competitive advantage when exporting to overseas markets.
Our trade credit solutions
We have three trade credit solutions available to your business:
- Nimbla - this solution is for insuring a single invoice - get a quote
- If you are a larger business with £10m+ turnover and require a bespoke trade credit solution, please request a call back.
Nimbla's flexible invoice insurance
Nimbla’s flexible and affordable invoice insurance covers your business against unpaid invoices, so you can run your business knowing that you're protected if a buyer becomes insolvent. Nimbla provides credit insurance on a per-invoice basis.
Find out more
Trade credit insurance
With a suitable credit insurance structure, businesses can protect their biggest current asset – account receivables, gather market intelligence on customers/markets, improve their cash flow position and credit management process and also seize more opportunities whilst staying safe.
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