Credit insurance supports and promotes strong credit management meaning that not only does it provide insurance in the event of a customer being unable to pay, it supports a stronger approach towards those companies who are unwilling to pay. Companies with credit insurance collect debts one and a halfdays quicker on average - that's over £4,000 more cash per £1,000,000 sales.
May 2010 Bulletin
The insolvency statistics released on Friday 7th May show a decrease in compulsory liquidations and creditors’ voluntary liquidations by 8.4% on the previous quarter and by 17.8% on the same quarter a year ago. So can we say that these figures, coupled with the recent GDP figures showing growth in the UK economy of 0.2% for Q1 2010 show that the recession is now ov....
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