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Credit insurance

The global economic downturn presents a specific risk to small and medium sized businesses, especially those that trade on credit terms. We know that credit is vital for trade, but increasingly difficult to secure.

Towergate Milton Keynes can help, even as other insurers have deserted their credit policies, compounding the reality that 18% of UK businesses fail due to bad debt. Source: Euler Hermes UK.

“Remember that credit is money” - Benjamin Franklin

Towergate Milton Keynes tailor policies to our clients' specific needs, however specialised. We have specially negotiated arrangements such as credit rating and debt collection services that enable us to help save your business money. Choose from flexible cover such as:

Consider if you wish to:

  • Protect against customer non payment
  • Safeguard your business’ liquidity
  • Enjoy advantages over uninsured competitors(roughly 80% UK businesses)
  • Provide additional security to your existing and future creditors
  • Leverage against bad debtors
  • Support expansion into emerging markets and economies
  • Gain free company credit performance indicators before you sign agreements
  • Choose to pay fixed or % turnover premiums
  • Whole ledger
  • UK sales only
  • Export sales only
  • Top buyers only
  • Single risks
  • Catastrophe basis

For more information contact us, our staff are available to take your call on 01908 258 388.

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