Trade Credit Insurance isn’t always the best topic to bring up at a dinner party if you want to be remembered as interesting company. However, it’s genuinely satisfying to see it work in practice and do what we say it will do when we talk to businesses who are thinking about getting it. This past […]
March FY25 saw a continued surge in insolvencies, with 1,447 businesses entering administration for the first time. This number is twice the average of 712.17 recorded over the past five financial years, reflecting the ongoing economic pressures on businesses. The jump from February’s 1,216 insolvencies highlights the persistent instability and unpredictability in the current […]
When most businesses first consider credit insurance, they usually think of it as a way to protect themselves from the risk of bad debts. It’s often the first thing that comes to mind when they hear about it, and that’s how most people are introduced to this type of insurance. But what many business owners […]
In February FY25, the anticipated spike in insolvencies materialized, with 1,216 businesses entering administration for the first time. This figure is double the average of 606 since 2017, highlighting the ongoing economic challenges faced by businesses. The significant increase from January’s 726 insolvencies underscores the volatility and uncertainty in the current economic climate. Despite […]
Many businesses are feeling a cash flow crunch at the moment, leading them to reconsider discretionary expenses like credit insurance. As business owners we get that. Recently I had a business owner decline a very competitively priced policy (and it was the only one I could get from the market) due to cashflow problems they […]
In January FY25, the trend of increasing insolvencies continued its seasonal downward trend, with a marked decrease to 726 businesses entering administration for the first time. This aligns with expectations, as January typically sees a decrease before a likely spike in February. The current numbers are still higher than the average of 368.33 over […]
In December FY25, the trend of increasing insolvencies shows a slight reprieve, with 1,050 businesses entering administration for the first time. This follows a similar downward trend seen in previous years, where November figures typically decrease in December (e.g. 2024 saw a drop from 891 in November to 795 in December, and 2023 saw […]
When it comes to securing trade credit insurance (TCI) for your business, choosing the right broker is crucial. At Capital Trade Credit Solutions, we understand that navigating the world of TCI can be a bit daunting. That’s why we’ve put together this handy guide to help you ask the right questions and get the best […]
In November FY25, the trend of increasing insolvencies continues, with 1,441 businesses entering administration for the first time. This is a significant rise from 1,361 in October and 1,227 in September. Compared to November FY24, which saw 891 insolvencies, this represents a 62% increase. When we look at the average of 616.83 over the last several years, the current numbers are more than double the […]
Deciding if trade credit insurance (TCI) is right for your business doesn’t have to be complicated. By asking a few key questions, you can determine whether it’s a smart move for your financial stability and growth. Let’s break it down. 1. How reliant are you on customer payments? If your cash flow depends heavily on […]
