Credit

Managing cash flow and getting credit from your suppliers can be essential, but giving credit to your customers can be risky.

At TL Risk Solutions, we help our clients to manage and offset credit risks, thereby maximising cash flow. We also provide insurance to support funding and working capital. Our support is across five main areas: credit insurance, political risks, risk management, surety bonding, and covers to support corporate finance transactions.

Our philosophy is to help you to do business, and we work to ensure that we can provide a broad range of insolvency and payment risk-based products to support this aim. Our consultants have an in-depth knowledge of this specialist UK insurance market, and bring a wealth of experience in risk management advice. We offer policy design and advice, an experienced claims support service and negotiation on individual covers, including advice on the credit risk assessment of your customers. For larger businesses, we can help to manage self-funded insurance schemes, and provide claims and loss management services.

InvoiceProtect - Credit Insurance for Small Businesses

One of the most valuable assets in your business is your sales ledger; invoices you have issued for goods and services you have completed. Credit insurance provides protection for invoices you have issued against customers defaulting on payment.

Up until now it has proven extremely difficult to get credit insurance for SME companies in the UK due to the complexity of underwriting and the high premiums involved. Invoice Protect has now been launched in the UK to help give SMEs protection of their most valuable asset in a simple and cost effective manner.

The Real Cost of a Bad Debt In a company operating with a gross profit margin of 6%, a £10,000 bad debt will cost £166,667 in additional sales just to recoup the loss of profits. In the current economic climate can any SME company afford to take this risk?

Find out more about this valuable protection, or if you wish to apply for cover.