When you’ve worked long hours, day after day, the last thing you want is to worry about is a bad debt undoing it all in one unfair swoop. Our Bad Debt Protection service, working in conjunction with our
Factoring or
Invoice Discounting services, can cover up to 100% of bad debts, ensuring you can grow your business with complete confidence.
How does Bad Debt Protection work?
With Bad Debt Protection, you get our experienced award-winning credit team on your side. They credit-check existing and prospective customers for you and offer cover on each invoice at a level they feel is appropriate, up to 100% of the invoice value.
Sometimes called ‘Non Recourse Factoring’, Bad Debt Protection is a cost-effective solution, ideal for Factoring or Invoice Discounting clients who want increased peace of mind. ‘Non Recourse Factoring’ means that we recover any approved debts from your customers and have no recourse to you if they fail to pay. Non Recourse Factoring is not the sort of complicated language we choose to use, and you’ll be pleased to hear that our Bad Debt Protection service is not complicated to set-up, run or claim against.
Don’t wait until your business is marred by someone else’s mistakes - take a look at
the benefits now, or call our team on
0800 077 8547
