Business credit insurance protects cash flow against the problems often associated with trading on credit by safeguarding your company against bad debts, either through debtor insolvency or protracted default (i.e. non-payment after an extended period).
Whilst bad debt insurance can be provided by credit insurance companies as a standalone product, non-recourse invoice finance facilities incorporate credit protection in addition to releasing cash against the value of your sales ledger within 24 hours of an invoice’s issue.
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