01733 328000
Credit insurance provides a business with protection against the failure of a customer (‘the buyer’) to pay them for the products/services they have delivered. This might be because their customer has become insolvent or has simply failed to pay within an agreed credit period. It supports sustainable domestic and export growth by helping companies make informed decisions about the level of credit they should offer their customers.
The insolvencies of other businesses can have a serious impact on your own and the uncertainty of whether it may happen again can hinder growth. With credit insurance if your clients don’t pay, you’re protected. Taking out credit insurance can inject the confidence needed to grow your business and help to secure funding as banks and trade financiers are often more willing to provide trade finance, or offer more favourable terms, to those businesses with a credit insurance policy.
We have access to credit insurance suitable for all types of companies, whether trading locally, nationally or internationally, and in all sectors from manufacturing to services. The intelligence network that has been developed by specialist credit insurers allows them to access accurate information on the performance of businesses and they can therefore analyse the creditworthiness of your customers. Together we can establish the terms and premium levels in conjunction with the credit limits that are recommended for each of your customers.
insurance@marlowgardner.co.uk
