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Why you should consider credit insurance

Thursday, 12 February 2009 00:00

Credit insurance provides your business with protection against the failure of a customer to pay their trade credit debts.  This can arise as a result of your customer becoming insolvent or because your customer fails to pay within the agreed credit period.

Research suggests that 18% of companies that fail do so because they experience bad debt or poor working capital.
Credit insurance can reduce the unnecessary cost of bad debt and protect your hard earned success providing the cornerstone to secure growth
 

 

 

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