Bad debt protection
Cover yourself against buyer insolvency
If you use export invoice discounting or factoring, you can add bad debt protection to cover your business against the insolvency of your customers. Provided you trade within the amounts agreed, your business can enjoy the certainty of payment should an overseas buyer go out of business.
Benefits
- Wide coverage– we can provide bad debt protection in over 50 approved territories worldwide
- Up to 100% protection– for export debts in the event of a formal debtor insolvency
- Improved business confidence– letting you trade with new customers and in new markets
