Protected from bad debts, with 6 months free

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 day to day credit management service together with 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.

Sign up before the 31st July 2012 and you can benefit from:

  • 6 months free 100% Bad Debt Protection
  • 100% cover on credit approved accounts compared to 90% indemnity from many trade credit insurers
  • All administration, monthly reports and claims taken care of by professionals

Call us now to take advantage of 6 months free 100% Bad Debt Protection on 0800 220 257

Terms and conditions apply.

  1. Offer is available to new or current Close Invoice Finance customers only
  2. Available to new customers taking a new factoring or invoice discounting facility with Close Invoice Finance
  3. Available to current customers with an unprotected factoring or invoice discounting facility with Close Invoice Finance
  4. Qualifying new facilities must have a formal offer from Close Invoice Finance between 1st January 2011 – 31st July 2012
  5. Customers must sign to a minimum 18 month contract plus 6 month notice period
  6. 12 Month Minimum Fee period will start from the end of the six month premium free period
  7. Bad Debt Protection Charges will be agreed with each client. The Charge and it’s associated Minimum Fee will not be applied to the client account for a period of six calendar months from the date of facility commencement
  8. Bad Debt Protection Charges will not be applied for a period of six calendar months from the date of facility commencement. Thereafter agreed charges will apply for the remainder of the contract
  9. The Bad Debt Protection Charges and it’s associated Minimum Fee will apply for the remainder of the contract
  10. All applications will be subject to the usual sales ledger credit assessment process
  11. If clients serve notice during the policy termination period the relevant clause of the Debt Purchase Agreement will apply
  12. Offer excludes facilities where single largest debtor is more than 40% by value of sales ledger
  13. Offer excludes facilities where export debt is more than 20% by value of sales ledger
  14. The offer is open to businesses in the United Kingdom (including Northern Ireland) only
  15. No cash alternative can be provided
  16. Close Invoice Finance may decline to quote
  17. Close Invoice Finance reserves the right to amend the eligibility criteria at any time and cancel any policy which does not comply with these terms and conditions
  18. Close Invoice Finance reserve the right to terminate this offer at any time without notice
  19. Not available with any other offer