Credit Insurance News

Aerial view of a cityscape featuring numerous high-rise buildings, a prominent tower, and a river. The horizon is partly cloudy with the sun setting.

Australia’s Two-Speed Economy: What It Means for Small Businesses

A recent article discussing Australia’s two-speed economy highlights the stark contrast between booming large corporations and struggling small businesses. While the ASX continues to signal growth and recovery for big companies, many SMEs face rising costs, longer payment times, and increasing insolvencies. At Debtor Protect, we’ve observed these trends firsthand, and our client surveys reveal […]

Australia’s Two-Speed Economy: What It Means for Small Businesses Read More »

5 Strategies to Ensure Your Small Business Customers Pay You on Time

  Running a small business comes with its fair share of challenges, and one of the most significant issues many business owners face is getting paid on time. Late payments can cause severe cash flow problems, disrupting your ability to pay suppliers, cover expenses, and even make payroll. If late payments are a recurring issue

5 Strategies to Ensure Your Small Business Customers Pay You on Time Read More »

the rise of insolvencies: action needs to be taken to keep small businesses open

Our Perspective on the Rise of Insolvencies

In the recent article here on the challenges facing small Australian businesses, it highlights the growing insolvency rates and the “unfair playing field” where large businesses thrive while SMEs struggle. At Debtor Protect, we often encounter these concerns firsthand as credit insurance brokers, and we believe there are critical steps that small businesses can take

Our Perspective on the Rise of Insolvencies Read More »

Four people sit around a table engaged in a discussion in an office setting. Two women are in the foreground, and there is a whiteboard with notes in the background.

Give Your Business a Competitive Edge

Covering Credit Accounts for New Customers in Australia and Overseas In today’s competitive business landscape, extending credit to customers can be a powerful strategy for growth. However, it also comes with inherent risks, especially when dealing with large sums or international markets. At Debtor Protect, we specialise in mitigating these risks through tailored credit insurance

Give Your Business a Competitive Edge Read More »

A New Holland TX66 combine harvester operating in a vast, harvested field under a partly cloudy sky.

Debt Protection in a High-Risk Sector

In the world of Australian financial services, credit insurance emerges as a pivotal tool, especially within the high-risk construction industry. With the construction sector accounting for over 30% of insolvencies nationally, the strategic management of debt and credit risks is imperative. At Debtor Protect, we specialise in protecting businesses against these risks through comprehensive credit

Debt Protection in a High-Risk Sector Read More »

mitigating financial risks

How Trade Credit Insurance Can Shield Your Business from Debt Risks

Running a business involves a myriad of challenges, and among them, managing credit risk is often cited as one of the most perplexing. Navigating credit terms, debt, and cash flow can be a tricky affair, especially when your debtor defaults or faces insolvency. This is where trade credit insurance steps in to protect your business,

How Trade Credit Insurance Can Shield Your Business from Debt Risks Read More »

unpaid debt

Five Steps to Protect Your Business from Unpaid Debt

Unpaid debt and overdue invoices can cripple any business, affecting cash flow and undermining your financial stability. While debt collection agencies and legal advice are options, prevention is often better than cure. Here are five steps to protect your business from future unpaid debt, along with how Debtor Protect’s specialized services can offer you an

Five Steps to Protect Your Business from Unpaid Debt Read More »

trade credit insurance

The Benefits of Trade Credit Insurance for the Construction Industry

In the ever-evolving landscape of the Australian economy and the construction sector, challenges continue to emerge that put businesses at risk. Supply chain disruptions, escalating costs of raw materials, and unforeseen delays are just a few of the obstacles faced by construction businesses across the nation. As Australia’s construction industry experiences similar challenges to its

The Benefits of Trade Credit Insurance for the Construction Industry Read More »