Around only 20% of UK companies take out an effective insurance policy, yet the likelihood and the consequences of bad debt in times of economic downturn increase.
For most companies, debtors represent about 40% of their business assets and typically, 20% of a company's customers account for 80% of their sales. In the current economic environment, peace of mind is a good reason for Nimbla invoice insurance! A sizeable loss from a customer, could leave your business financially crippled, or at worst unable to continue trading. This is why businesses should have invoice insurance.