Bad Debt Protection - Non Recourse -
Credit Protection
We can
introduce you to a financier that will provide you
with bad debt protection which can also be know as non recourse or
a protected facility.
Non recourse means that your business is protected against the risk of customers not paying due to insolvency or
protracted default (extended period of non-payment).
The financier will allocate credit limits for new customers which means that you
can trade with
them in the confidence that you won't suffer from a bad debt. Bad debt
protection can be provided independently (on a stand-alone basis) or in addition to either factoring, invoice discounting or export finance.
In some cases funding is linked to the credit
limits but we can introduce you to providers where that is not the case and
even providers that offer overpayment
facilities.
If you don't want finance or collections support, we can introduce you to a
specialist organisation that can provide you with credit insurance. Credit insurance can also protect
you against bad debts. It can be provided against all of your sales, on a whole turnover basis, or
against specific customers. It can also be provided on a catastrophe basis so that you are only covered
against significant losses. If you would prefer 100% cover we are equally
able to assist you.
For more information
about Factoring click here
For more
information about Invoice Discounting click here
For more
information about Export Finance click here
Email: info@cashflow-acceleration.co.uk
or telephone: 01892 784183
or complete an:
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