DEBTORS INSURANCE AND CREDIT INSURANCE
Welcome to Debtor Protect
Your Largest Customer that owed tens, or even hundreds of thousands of dollars went bust?
You gave your business the ability to double the size of the credit limit of your largest customer without fear of them going insolvent?
Your business had the competitive edge of being able to offer credit accounts to new customers both in Australia and Overseas?
A properly tailored business credit insurance policy can help you grow your business with the security of knowing that should the worst happen, you have the right bad debt protection in place. With over 5 years experience in the credit insurance industry, Debtor Protect will ensure you get the best advice possible for your business.
WHAT OUR CUSTOMERS SAY
We’ve had a trade credit insurance policy for a number of years now.
Since working with Debtor Protect we have been utilising the insurers online portal to manage our policy which has been great. We were given training on the online system, so it’s easy and simple to navigate. We also get faster turnaround times on our credit limit requests when we need cover on new clients or increases on current customers.
In the past we’ve insured directly with an insurer, and used other specialist brokers in the market.
In comparison we’ve found Debtor Protect to be really proactive when it comes to negotiating on our behalf with the insurer. This has helped us get the cover on our customers that we need so our business can continue to grow.
In the labour hire game, there’s always a high risk of us suffering a bad debt. Since implementing a trade credit insurance policy we’ve been able to improve our credit management processes. This has meant we are now getting paid by our clients a lot quicker which is helping cashflow big time. Because we have the cover in place we can grow knowing that we are covered should we not be paid.
Debtor Protect have been patient in helping us get the cover we need, and helpful in reviewing our systems to ensure that when it comes claim time, the claim is paid.
Having a trade credit insurance policy has allowed us to continue to trade with our customers despite challenging market conditions in the retail sector. We now have the peace of mind knowing that should one of our largest customers collapse we’ll be covered for the majority of what we’re owed.
Debtor Protect helped us find the level of cover we needed, as well as assisted us with policy compliance on an ongoing basis.