Running a business can be intensely stressful, but imagine how much better you would feel if you had 100% bad debt protection.
Knowing that you will get paid in full for the invoices you raise gives you confidence in your financial forecasting and budgeting and means that you will never have to face that terrible prospect of a bad debt that directly impacts your bottom line.
How does 100% bad debt protection work?
Close Brothers Invoice Finance offers clients the opportunity to take 100% bad debt protection as an option that complements online invoice discounting or invoice factoring.
It offers a day-to-day credit management service, helping you to avoid the prospect of doing business with potentially unsound clients and guaranteeing payment on any credit-approved invoice.
Clients who use the bad debt protection find that it can entirely change their outlook. Having professional credit support means they are much less likely to be exposed to customers who present a credit risk or have a history of failure. Knowing that your business is based on a solid sales ledger is incredibly positive. And of course, should a customer go under, knowing that what you have invoiced to date will be recovered is a great relief.
Many bad debt protection schemes only cover up to 90% of a firm’s exposure. Close Brothers Invoice Finance provides up to 100% bad debt protection. To find out more, take a look at our 100% bad debt protection service or call for a chat on 0808 252 0353.
Knowing that you will get paid in full for the invoices you raise gives you confidence in your financial forecasting and budgeting and means that you will never have to face that terrible prospect of a bad debt that directly impacts your bottom line.
How does 100% bad debt protection work?
Close Brothers Invoice Finance offers clients the opportunity to take 100% bad debt protection as an option that complements online invoice discounting or invoice factoring.
It offers a day-to-day credit management service, helping you to avoid the prospect of doing business with potentially unsound clients and guaranteeing payment on any credit-approved invoice.
Clients who use the bad debt protection find that it can entirely change their outlook. Having professional credit support means they are much less likely to be exposed to customers who present a credit risk or have a history of failure. Knowing that your business is based on a solid sales ledger is incredibly positive. And of course, should a customer go under, knowing that what you have invoiced to date will be recovered is a great relief.
Many bad debt protection schemes only cover up to 90% of a firm’s exposure. Close Brothers Invoice Finance provides up to 100% bad debt protection. To find out more, take a look at our 100% bad debt protection service or call for a chat on 0808 252 0353.
