Business failures are on the rise and, according to Dunn & Bradstreet, it is not because of a lack of opportunity or sales, but rather poorly managed cash flow. The problem is that executives are focusing on revenue and sales numbers and ignoring cash flow, credit risk, and receivables management.
With Australian businesses taking almost a full month longer than average to pay their bills and 36% of them now paying in over 90 days, the risk to your cash flow is serious.
If you are serious about surviving and growing your business, you need professional help to protect your cash flow, such as our credit management services in Sydney.
Let’s get you protected
Contact us today (02) 9416 0670
HOW CAN WE HELP WITH YOUR CREDIT INSURANCE?
We know that many business fail because the lack working capital and cannot retrieve monies owed because of bad debt. Most companies protect things like their plant and property, but forget to ensure that their receivables are covered, which can be seen as up to 40% of their business assets.
Apart from the obvious benefits of credit insurance, we have other credit management services that you take advantage of, such as:
Capital that is tied up can be released due to a reduction in provisions for bad debt
Risks are reduced because issues will be flagged before they get out of control and become irretrievable
A credit insurance policy can be utilised as security to a lender for finance
You can monitor clients with better transparency
WHY CHOOSE US FOR CREDIT INSURANCE?
We deal with a number of insurers and take great pride in our stellar reputation of providing high quality credit management services in Sydney. We know the insurers’ products intimately and are constantly updating our knowledge so that we can find the best cover for you with the best value.
We guarantee that we will deliver the best price for you with our market expertise.
We know that bad debt can have a range of effects on a business that exceeds simply the loss of that money. Stress can be placed on cash flow and long-term profitability may be affected.
Talk to us – so that we can help insure your business.
Don’t delay until it is too late. Protect your business cash flow today with our credit management services in Sydney today!