What is Credit Insurance Or Bad Debt Protection?

Credit Insurance also known as bad debt protection provides your business with:

• Protection Against Non Payment by customers due to insolvency or protracted default.

How Does Credit Insurance Work?

Credit Insurance, works as follows:

• When taking invoice finance credit insurance is a facility that can be taken.
• It then becomes the invoice finance companies responsibility to credit check your customers and agree credit limits
• If you trade within the credit limits all invoices are paid.
• If an invoice isn’t paid the invoice finance company provide full cover to your business and you get paid.