We know many businesses have constant problems collecting money on time. This can affect business cashflow, personal targets, paying staff wages and ultimately reputation. The good news is that the claims and collection process of a credit insurance policy can help recover the debt.
The Risk of not being paid:
The cost to your company is not just the amount of the debt you have written off. The sales effort needed to replace the loss can be considerable.
A policy will be designed around the specific needs of your business, as you may incur costs prior to raising invoices, have special payment terms, lengthy manufacturing processes, or legal obligations in the way you supply your product. Therefore, it may be more cost effective and beneficial than credit protection offered by your funder.
The Three Elements of Protection:
HAE Insurance Services can arrange a completely confidential, free of charge no obligation conversation about how to protect your business from bad debt.
To schedule a call-back from the HAE Insurance Services team call 0330 018 2299 or email firstname.lastname@example.org.
HAE Insurance Services, EHA Insurance Services, Towergate Insurance and Towergate Credit and Financial Risks are trading names of Advisory Insurance Brokers Limited. Registered in England Company No 4043759. Registered Office: 2 Minster Court, Mincing Lane, London, EC3R 7PD. Authorised and regulated by the Financial Conduct Authority. This can be checked on the FCA`s register by checking the FCA website at fca.org.uk/register or by contacting them on 0800 111 6768.