Premium Reduction
You may want to protect your receivables with credit insurance, factoring or invoice discounting. Should you attempt to do so, your accounts receivable will be closely scrutinised and you could either have: nominated accounts excluded from cover altogether, or very low credit limits placed on them, or have a first-loss penalty imposed on you. And, all of this would reflect in the premium that will be priced to reflect the risk inherent in your sales ledger.
Alternatively, you can prepare yourself for the protection by having us reduce your risk and improve your DSO. We’ll put our experienced collectors on your ledger, we’ll let you know of any inherent risks, and by improving your DSO, we will, by definition, reduce the cost of your premium.
