Over 4,850 Aussie Businesses have gone broke in the last 6 months. That’s more than have gone broke in both the 2021 and 2022 financial years. What can your business do to be on guard against struggling customers? The number of Aussie businesses going broke, and bad debts to suppliers are now back to well […]
Running a business comes with its fair share of challenges, and one of the biggest hurdles is the possibility of bad debt. Imagine a scenario where your biggest client, the one contributing significantly to your income, goes bankrupt, leaving you with a substantial financial gap. This is where Debtor Protect steps in as your reliable
Mitigating Financial Risks: How Debtor Protect Safeguards Your Business Read More »
The 2023 Financial Year was a wild ride. Business failures were up over 60% on 2022, with the construction, hospitality and retail industries again over-represented in figures. For a lot of businesses we are in the middle of a perfect storm, but how long will it last? Over 7,900 Australian businesses became insolvent over the
Shockwaves were sent through the construction industry when various media outlets reported that Richard Crookes was on the verge of insolvency. Trade Credit Insurers remained firm in their support of the builder and the industry as a whole. Financial uncertainty has the entire construction industry on edge. More and more suppliers and sub contractors have
Credit Insurance Continues to Support Construction Industry! Read More »
Debtor Protect understand that your clients cashflow is the lifeblood of their business. These case studies demonstrate how we pride ourselves on getting claims finalised and funds in their business account quickly!Since the start of 2023, more and more businesses have been getting the dreaded news that they won’t be getting paid what they’re owed
Picking winners in the current climate is more important, but harder than ever. PBS Building and Scotts Refrigerated Logistics were two very established businesses that that have recently fallen victim to a challenging economy. Picking winners in the current climate is more important, but harder than ever.For a long time, business owners and financial decision
Debtor Protect Pty Ltd is a Corporate Authorised Representative of Insurance Advisernet Australia Pty Ltd. AFSL No. 240549 Corporate Authorised Representative No. 1261654. Visit the Insurance Advisernet website.