• So what exactly is trade credit insurance?

Trade credit insurance protects the biggest asset of any business, the debtors ledger. Put simply  having a trade credit insurance policy gives you the ability to insure your debtors ledger and protects you from all forms of administration or insolvency.

Questions you should ask yourself:

  • Are you limiting your potential to grow by not taking on new clients or limiting the credit you extend to both new and existing customers?
  • Once you have provided your services what options are available to you if your customer won’t or can’t pay?
  • Do you really know the financial strength of your customer?
  • If your customer loses their largest client could they still pay you?
  • If your largest client failed, how could that effect your ability to pay your suppliers?

Main Trade Credit Insurers in Australia and New Zealand