Trade credit, political risk and bonds
Why choose us?
Perkins Slade has a dedicated team of experts able to help you manage your credit risk. We can provide advice on protecting your business from the damage caused by bad debts, with a range of solutions including credit insurance, bonds and self-insurance.
We work with all major credit insurers and compare the market to ensure you get the right level of cover at a competitive price.
We can arrange:
Trade credit insurance – we have access to leading credit insurance policies to protect your business against catastrophic loss and unexpected events.
Political risks insurance – designed for businesses of any size that export, import, invest or finance activities outside their home country, under international contracts.
Surety bonds and financial guarantees – bonds or guarantees placed through the surety market are practical alternatives to bank overdrafts. We’ll search the market for the right provider for your business.
Supplier credit – we provide a market-leading service for new start-ups, management buy-outs or companies bought out of receivership or administration. Supplier credit builds confidence with credit insurers by protecting payments to suppliers in the event of a catastrophic loss.
Invoice discounting - a comprehensive funding facility that has been designed specifically to release the cash tied up in the sales ledger, up to 95% of the invoice value. The facility can either be confidential or disclosed to customers. We have established relationships with organisations offering this type of service and will help you to make a selection.
Invoice factoring - a sales funding and credit management facility with funds directly linked to the outstanding sales invoices, up to 95% of the value. This hassle free form of working capital finance can be 'drawn down' as and when required. Factoring offers a sales ledger management service that is completely flexible and gives companies the freedom to concentrate on growing their business. From our extensive range of contacts, we can recommend an appropriate provider to meet your needs.
Supplier finance - we can introduce you to a new service that will pay suppliers up to 95% of the invoice value in advance, easing cashflow by enabling businesses to pay on normal credit terms.
Collections - we work with a number of respected collection companies on a 'no collection, no fee' basis. These companies specialise in both UK and international commercial debt recovery and have a proven track record of improving client cash flow by securing outstanding payments.
Banking - we work closely with banking corporations who can assist in financing the purchase of commercial properties for owner occupation or investment purposes. In addition to the purchase of businesses, that may or may not include property, they can also review any existing facilities for competitiveness, including bank and interest charges paid and/or received.
Credit status reports – click here to order a credit status report.
As the economic downturn puts pressure on rates and threatens capacity, companies are investigating new ways to protect their business from bad debt. If you are currently experiencing difficulties in obtaining cover, self-insurance might be a practical alternative. We can work with you to build a solution that will provide financial protection and stability at a time when you need it most.
Credit insurance requires a specialist approach. If you need to make a claim you can speak to a credit insurance expert who will provide guidance, regular updates and manage the claim through to a speedy and fair settlement.
Contact
Sally Del Principe
0121 698 8029
s.delprincipe@perkins-slade.com
