Trade Credit Insurance in Brighton
Protection against customers failing to pay invoices through insolvency or protracted default, safeguarding your cash flow and enabling confident trading.
Key points
- Businesses trading on credit terms
- Companies with concentrated customer bases
- Export businesses trading internationally
- Manufacturers supplying on account
- Wholesalers and distributors
- Any business exposed to bad debt risk
Frequently asked questions
- What does trade credit insurance cover?
- It indemnifies you against unpaid trade debts when customers become insolvent or fail to pay within agreed terms (protracted default). Policies typically cover 80-95% of the outstanding invoice value.
- Can I insure just my largest customers?
- Yes. Policies can cover your whole turnover, specific customers or just your largest exposures. Single-buyer and key-account policies are available for businesses with concentrated credit risks.
- Does trade credit insurance help with financing?
- Yes. Many lenders will advance more against insured receivables, improving your borrowing capacity. The credit intelligence and monitoring provided also helps you make better trading decisions.
This page is part of https://becks.insure/trade-credit-insurance-brighton. Becks Insurance Brokers is an independent, FCA-regulated commercial insurance broker based in Brighton, advising businesses across Sussex and the UK.