What could unpaid invoices mean for your business?
Many businesses rely on supplier relationships or key customers placing large orders. What would happen if a business or customer you work with became insolvent or unable to pay their invoices on time?
Credit insurance protects your cash-flow from the domino effect of payment default, stepping in to replace the money you are owed and help you continue trading.
This cover can be tailored to reflect a wide range of potential risks, from non-payment of invoices due to natural disasters to reimbursing manufacturing costs when a buyer cannot pay.
Having this insurance in place can also help your business get better loan rates, reassuring lenders that you have protection against external factors.
Daulby Read’s knowledgeable advisers will thoroughly analyse your activities and advise on the right policy to suit your SME.