The benefits of credit insurance:

    Improved cashflow

    We can assist you in the collection of your business’ overdue accounts to improve the speed and success with which you collect money owed to your business. Furthermore, should the worst happen and one of your buyers becomes insolvent, our prompt settlement of your claim will safeguard your cashflow.

    Focused sales effort for secure business growth

    One of our panel of lenders is part of the world’s leading credit insurance group, who monitor over 40 million buyers. Through their credit limits and opinions service, clients can take advantage of their trade sector, country,and buyer knowledge. If you decide to trade on the basis of their credit limit decision and your buyer refuses to pay or becomes insolvent you will be entitled to make a claim on your credit insurance policy.

    Help in securing trade finance

    Banks and trade financiers are often more willing to provide trade finance, or may be prepared to offer more favourable lending terms to businesses with a credit insurance policy.

    Better trading relationships with your suppliers

    You may be able to negotiate more favourable terms with your suppliers, since they know the business they are trading with has taken steps to protect its assets and balance sheet.

    Tighter credit management discipline

    Using their credit insurance policy enables our clients to reassess their internal credit management procedures. Banks and trade financiers often take the existence of a credit insurance policy as an indicator that the business takes a structured approach to its credit control procedures.

    Peace of mind through risk transfer

    Credit insurance is a simple way to protect your business against the effects of bad debt. Our clients have the reassurance of knowing that if one of the buyers covered under their policy can’t or won’t pay then in accordance with the policy the insurance company will.

     

    For free, no obligation advice on how credit insurance may help you, call 0844 846 7475.

Customers Stories

Conrad Thornton of Green Street Media tells us how Target Business Assist have provided their business with a new invoice factoring system that has dramatically improved their cash-flow
Conrad ThorntonGreen Street Media LimitedChester, Cheshire

"Target Business Assist have provided our business with a new invoice factoring system that has dramatically improved our cash-flow position and flexibility with our clients..."

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