The first question often asked about trade credit insurance is “how much does it cost?” Trade credit insurance safeguards your business against non-payment by customers, ensuring your cash flow remains stable. By insuring your accounts receivable, you can operate with greater confidence, knowing that your cash flow won’t be disrupted if customers fail to pay. […]
Why might trade credit insurance not be right for you? The main factor that might exclude you as a potential candidate for TCI is uniformly low exposures. With standard credit insurance excesses of $5,000 (though they can be as low as $2,500), if your clients typically trade no higher than $10,000 or $15,000 at any […]
At Capital Trade Credit Solutions, we like data and the occasional graph. Last week, ASIC released new statistics on ‘first-time administrations.’ Key Takeaway: Insolvencies have not only rebounded to pre-COVID levels over the past 12 months but are continuing to rise, significantly impacting the construction industry more than any other. No surprises there. In July 2020, there […]
