Credit Insurance
What is Credit Insurance?
Business trade credit insurance covers your business from the risk of non payment of trade debt, and supports your existing overdraft facilities or can assist you in the negotiation for additional funding.
Who needs Credit Insurance?
Ensuring your company has good cash flow and liquidity during tough financial times is essential! If your business makes 10% profit margin and suffers a bad debt of just £25,000, you will need to make additional sales of £250,000, just to survive the effects. Credit insurance can help give some reassurance that your business will continue to survive even if your customers become bad debtors or even insolvent.
Prophet™ is one of the leading independent specialist credit insurance brokers in the UK. We work closely with our clients to ensure that you get the right credit insurance policy for your business- Firstly we assess your needs, then we provide expert advice on the types of credit insurance available, and finally we create the right cover for your business.
The range of credit insurance policies include:
The future survival of your business is safe with Prophet's range of credit insurance options.
For more information please contact us via our contact form or ring us on 0845 456 8838.
Remember - predict and collect against non-payment and bad debt with Prophet Reports and Prophet Collections.
Know the future of your business is safer with end to end trade credit management from Prophet.
