credit insurance for SME's
Protect Your Small Business from Bad Debts and Financial Losses
Affordable and Comprehensive Cover for SME’s
As a small or medium-sized enterprise (SME) with a turnover ranging from $1 million to $10 million, the impact of a bad debt can be significant. Debtor Protect understands the challenges faced by SMEs and the potential consequences of a bad debt on your business’s profitability. For businesses operating on 20% margins, a bad debt of $200,000 can wipe out an entire year’s profit. That’s why we have partnered with our insurance providers to deliver unique and specialised credit insurance solutions tailored to SME’s. With premiums starting at $8,000 per annum, you can be assured the coverage is both affordable and comprehensive.
Contact us today to see how we can help mitigate the impact of bad debts
Enquire now about our cost-effective credit insurance policies for small to medium enterprises.
Tailored Solutions for Comprehensive Coverage
We have extensively collaborated with our insurance partners to develop products that are specifically designed to meet the needs of SMEs. We understand that affordability is a key concern. These tailored solutions provide your business with the necessary support and cover to thrive and reach its full potential, while keeping your budget in mind.
Mitigate the Impact of Bad Debts
A bad debt not only erodes your profits but also has a detrimental effect on your cash flow and weakens your balance sheet. It diverts your valuable time and resources away from the day-to-day management of your business. You may think that the risk of bad debt losses is low for a small business, a tailored insurance policy can provide a cost-effective solution.
Protect Your Business Continuity
Businesses that offer credit terms to their customers are vulnerable to the risk of non-payment. If a customer fails to pay their invoice on time, your outstanding receivables turn into bad debts, resulting in losses for your business. Debtor Protect is here to protect you against such risks, ensuring the continuity of your business operations.
Partner with Debtor Protect
Debtor Protect is dedicated to being your trusted partner in risk mitigation. We understand the importance of protecting your business from individual customer risks, and our single debtor insurance is designed to do just that. With our expertise and tailored solutions, you can trade with confidence, knowing that you are safeguarded against potential financial loss.
