Prevent and Save – Repak’s programme in action
July 7, 2017
Alternative sources of finance
July 7, 2017Hardware Association Ireland and Credit Risk Brokers (CRB) would like to offer a free debtor book analysis to HAI members. With one insurer quoting that they have had an increase of over 50% in the number of claims paid when compared with 2016 YTD there are signs that the economic growth is stretching cashflow. Now is a good time to analyse your exposure to credit risk.
CRB have access to the most up to date financial and payment information through the main credit insurance companies underwriting trade on the island of Ireland. While you may not have had any problems with your current debtors it may help to know if any of them have defaulted on payments to any other suppliers recently. This info may give you the comfort to extend a bit of extra credit to some customers while at the same time serving as an early warning if you’re overexposed to a high-risk company.
This service comes with no obligation but should you see value in the information at the end of the process CRB would be delighted to negotiate for terms with the market of insurers on your behalf.
Further information available from Jim Copeland or call on 087 6671361 or click here.