A business solution that protects you.
In most instances, companies are diligent in protecting their major assets by insuring plant and machinery against fire, damage in transit and theft. A company rarely gives consideration to their trade debtors, also a major asset class. Have you considered the effects on your working capital position, should a major debtor become insolvent or of a protracted default on payment?
Trade Debtor Insurance can protect your company against the risk of bad debt. It minimises the risk of non-payment due to a commercial default.
There are a number of options that can be tailored to suit your business and protect your profits. For domestic trade, cover can be designed to protect key clients or whole portfolios, and globally, offers you protection against country risk.
The right choice.
Finlease has noticed that while there are many different companies providing Debtor Finance products, the real skill is choosing the right one. That means choosing a solution that can most effectively meet the needs of your industry’s particular circumstances and your future needs.
Prompt action.
Finlease has recently teamed with a risk advisory company to organise prompt, hassle-free, competitive Debtor Insurance for businesses of all sizes. Whether your requirement is $10,000 or $1 million, we can have premiums spread over a 6 – 12 month periods ensuring affordable, tax deductible payments, and minimising impact on your cash flow.
Our Debtor Insurance specialist will personally manage the entire application through the approval to settlement process.
Complete a Debtor Insurance finance application now, without obligation, click here. Or phone 1800 358 658 to talk with one of our business loans experts.
