This product protects you in the event that one of your customers ceases to trade. It’s a product that can be added to your invoice finance facility.
Bad Debt Protection is an additional product that can be added on to an invoice finance facility.
It protects you in the event of your customer ceasing to trade. The cost of the product is included within the invoice finance agreement, usually making it cheaper than a standalone credit insurance facility.
Having Bad Debt Protection can give you peace of mind to know that the business will not take a hit in the event of a customer ceasing to trade. This means you can focus on growing the business without worrying about customer failure.
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