Spending bounces back as Lancashire towns and cities reopen
Spending in Lancashire’s key towns and cities rose sharply following the re-opening of pubs and non-essential shops last month and has remained above pre-pandem...
Spending in Lancashire’s key towns and cities rose sharply following the re-opening of pubs and non-essential shops last month and has remained above pre-pandem...
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Would you like more freedom with who you could trade with?
If I said you
could trade with businesses you never thought you could or were too worried
about the risk of not being paid, would you?
These days a long-lasting
customer relationship is no guarantee that the payment behaviour of your
customers won’t change, even more so during these unstable economic times.
The 9 main benefits of a trade credit insurance
1)A better relationship with your customer because your credit insurance allows you to create more customer-friendly payment agreements, thanks to guarantee covers.
2)Additional financial space because your debtor risk and depreciation decreases.
3)Access to more knowledge and information about the creditworthiness of your customers and prospects.
4)Better banking conditions (often at more favourable rates), because insured claims, are translated into a secure collateral for banks and contribute to a higher level of funding.
5)Competitive conditions, due to a longer delay in payments, also abroad, so that you can trade (more) on foreign markets.
6)Safe business abroad with less red tape and at lower costs.
7)Additional growth amongst key clients with maximum-backed delivery, thanks to a simple approval process for credit limits.
8)Effective and efficient worldwide debt collection and therefore a good night's sleep knowing that your risks are insured and your payments guaranteed.
9)Improved payment behaviour because customers pay an average of 5 days faster if they know you have credit insurance. Hence, impacting positively your liquidity.
To find out more
about how trade credit insurance would enable you to grow your business contact me for a chat or drop me an email...
Carl Black
07495 588 086
cblack@sagarinsurances.co.uk
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