100% Bad Debt Protection
Bad debts can impact future profits as well as
cash flow. They can even lead to business failure.
Close Invoice Finance can offer you a comprehensive bad debt protection facility to meet your needs.
This facility works alongside and complements the flexible forms of working capital finance we provide and offers you complete peace of mind.
We provide you with details of our credit limit decisions and allow you access to an experienced credit assessor.
It always remains your decision as to who you trade with irrespective of whether or not we can set a credit limit on a specific customer.
The cost of Bad Debt Protection with Close Invoice Finance remains considerably cheaper than the main credit insurers. We provide 100% cover compared with a typical 80-85% cover offered by them. On top of that we handle all the administration that you would normally have to deal with. This leaves you free to run your business, safe in the knowledge that a bad debt is not going to have a catastrophic effect.
Contact Us by Email or Call us on 0800 220 257 and ask for a FREE quote.
Key Features:
- Credit control optional.
- 100% bad debt protection.
- CloseNet access included.
Suitability
100% Bad Debt Protection is suited to all businesses with UK sales on normal credit terms.
The Benefits
Knowing that you have bad debt protection gives you peace of mind.
- No more fear of a customer ceasing to trade and owing you money, allowing you to concentrate on developing your business.
- The ability to continue to give your customers the credit they expect, knowing you are 100% covered.
- Save time and costs which are usually associated with claims.
What Next?
