Trade Credit Insurance provides
protection against bad debts.
A bad debt can have a huge effect on your balance
sheet, put enormous pressure on your cash-flow and
could even lead to the financial failure of your
business.
A Trade Credit Insurance policy protects your business
against Non Payment or Insolvency and can cover
your entire sales ledger, key customers, single
buyers or overseas buyers.
Late
payments and unpaid invoices are losing UK
businesses £20bn a year. And in the
worst cases, unpaid invoices are threatening
the survival of small firms, which are vulnerable
to variations in cash flow and often rely
on a limited number of customers.
Almost
50% of office workers in Leeds have sent e-mail
to the wrong person by mistake, often with
"disastrous" consequences, according
to a report out today.
