Credit Insurance

Guiding your business with a clear visionCredit

The Facts

  • 50% of all UK insolvencies involve customers who were once prompt payers
  • 80% of business to business transactions are on a credit basis
  • 35% the average amount of company assets tied up in sales ledger
  • 98% of companies cash flow has been affected by late payment

In an unstable economy companies can find themselves exposed when customers use their market position to extend payment periods. On average 35% of a company's assets can be tied up in sales ledger. Nearly all businesses insure themselves against property damage, but few protect against the very real threat of late payment, non-payment or customer insolvency.
 

We will work with you to understand the unique requirements of your business, along with changing industry conditions, to provide the tailor-made solution that will allow growth with confidence. To learn more about our Credit Services, take a look at our Credit Insurance brochure.

Alternatively, if you would like a quotation, please complete a proposal form and email it to umbertooliva@nbj.co.uk.

 

BAS Logo"We have always relied on NBJ as they are competent, professional and understanding of our needs. The service has been excellent from the very start, hence the reason why we continue to use them today as our credit insurance broker.

Our relationship with NBJ is efficient and works exceptionally well for management, NBJ act as an extension to our credit department and using NBJ takes the worry, time and effort away from my team which allows us to concentrate on growing our business with confidence."