Bad debt protection
The impact of bad debts on your bottom line can be significant. Our bad debt protection solution can help you to operate secure in the knowledge that you are covered should your customers get into financial difficulty.
The benefits of bad debt protection are clear:
Direct access to our expert in-house Credit Management Team.
Up to 100% protection against bad debts from customers pre-approved by our Credit Team.
Saves time and money in the event of customer insolvency.
Includes credit limit checks on new customers.
Thanks to the debt protection facility from Close Brothers, we have avoided debts of more than £4,000. It has become a vital part of our invoice finance facility – you never know what can happen and this protection gives us peace of mind that the business can progress even when faced with customer insolvencies.
Company Director, Isomass Ltd