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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 0844 892 0960.
Make an enquiry