First Time Administrations September 2024
š§ Eight construction firms are collapsing daily in Australiaš§
Most recent monthly first time administration stats from ASIC continue to tell a rather bleak story.
An average of eight construction companies are collapsing each day, with a total of over 7,000 having collapsed since 2021. This highlights the urgent need for businesses to safeguard themselves against financial instability.
AtĀ Capital Trade Credit Solutions, we’re here to help you navigate these turbulent times. OurĀ tailored trade credit insuranceĀ solutions are designed to protect your business from the ripple effects of partner insolvencies, ensuring your business stays resilient and secure.
Protect your business now | Get in touch with us today for an obligation free quote at 1300 562 209, or click the link below:Ā