Bad Debt

Protection

How It Works

BDP operates alongside all our products – Invoice Discounting, Factoring & Trade Finance.

If you have a customer who has given you a significant order, and when delivered you are owed a lot of money, you can protect this invoice should the end customer fail to pay.

The BDP product offers protection for none payment of any invoice at 90% of the net value.

If you have a customer (or the whole sales ledger) which you want to protect, simply provide us with details of these customers, and we will confirm what funding limits are available. If you are happy with the limits, then simply switch the cover on.

You are then protected should any of those customers fail to pay.

Bad Debt Protection Services
Peak Cashflow Bad Debt Protection

What Are The Benefits Of Bad Debt Protection

Total peace of mind should a customer go bust and fail to pay you.

Flexibility on who is and is not insured. You choose this and can alter at any time.

Links with your other funding products, to protect your borrowing if anything does go wrong.

We administer the product to ensure that you place customers on stop at the right time, don’t overtrade above suggested limits, and therefore are never caught out on a technical operating error which could prevent getting paid. This can be common when clients operate their own credit insurance policies.

Very cost effective way of protecting what is often one of your largest assets in the business – the sales ledger.