BAD DEBTS. IMPORTANT INFORMATION. THE FACTS.

Typically 40% of a Business’ current assets are in the form of it’s sales ledger
In the course of 1 year, the average Company will lose more than 3 of its active customers because of Financial Distress, Insolvency, Administration or Receivership.
Research has indicated that 68% of Small Businesses have experienced customer insolvency
Over half of all UK insolvencies involve established companies with a previous record of prompt payment.
If one of your customers goes into liquidation, 76% of time you will get nothing or at best 7.5 pence in the pound.
Thought provoking statistics, which unfortunately are very real.
As part of our continuing commitment to protecting our clients Business Interests. We have now secured the services of a Specialist Company - Euler Hermes UK who can provide:
Credit Insurance policy to provide valuable protection against the effects of your customer’s insolvency and late payment
A policy to cover you against the impact of insolvency or default of your UK or foreign creditors and pay a large proportion of the value of your insured loss.
Assistance to enhance your credit management systems by supplying high quality information to help your business trade with confidence, combined with:
A Professional UK and overseas collection service.
We believe this is an aspect of your business, which requires serious consideration. Competitive quotations can be arranged quickly with relatively little information being provided.
Can you afford not to ask about this facility?

To discuss your requirement further, please contact us.

Harborough Portas Limited is authorised and regulated by the Financial Services Authority.