In today’s economic climate, businesses continue to face risks of non-payment. With lingering uncertainty from tariffs and geopolitics, UK firms face elevated levels of credit risk. A recent report by Allianz Trade found that over half (56%) of UK companies are expecting a rise in non-payment risk over the next six to 12 months, compared with 48% worldwide.
If a key customer went out of business, how would your cash flow be affected?
Consider trade credit insurance, a vital tool designed to protect businesses from the financial fallout of customer non-payment. Whether you’re a small business or a large corporation, credit insurance provides a safety net that ensures your cash flow remains stable, even when economic conditions are unpredictable.
How trade credit insurance can help you
- Protect against non-payment
Credit insurance helps you avoid losses when customers can’t pay. If your customer can’t fulfil payment obligations due to insolvency or other financial difficulties, credit insurance ensures that you don’t bear the brunt of the loss.
- Improve cash flow
Credit insurance helps you keep cash coming in, even in volatile sectors. Operating in sectors characterised by volatility and economic fluctuations can pose significant risks to your cash flow. By securing your receivables, you can manage finances more effectively and maintain liquidity.
- Increase opportunities for growth
Credit insurance provides valuable insights and credit assessments, helping you make informed decisions about who to trade with. This proactive approach helps you minimise risk, enhance business confidence, and open opportunities to expand into new markets or partnerships with peace of mind.
Partnering with Allianz Trade
We work with Allianz Trade, a leading credit insurance provider with more than 75,000 clients worldwide and 289 million businesses monitored in 160 countries. Together, we help firms like yours:
- Focus on your core operations and business growth without the uncertainty of non-payment
- Strengthen financial resilience by insuring receivables
- Enhance credit management with access to Allianz Trade’s extensive database and credit insights.
“Credit insurance is essential for business growth, it not only provides peace of mind but also gives access to invaluable global insights that help you confidently extend credit to new customers. Without it, businesses risk serious cash flow problems, strained supplier relationships, and even failure. It’s a vital safeguard every business should have in place to protect and enable their future” said Martyn Curnock, Corporate Development Manager at Allianz Trade.
Trade with confidence, backed by AA-rated cover. Reach out to your local Adler Fairways office today and discuss how to safeguard your business and secure your future against financial uncertainty.
Oliver James
Branch Director
Adler Fairways
