Debtor Protection provides security for your business by protecting you against insolvency or non payment of invoices by your customers
You may run a very successful business, however, have you thought about what would happen to your business if one of your customers became insolvent? What would the impact be on your business?
At Lloyds TSB Commercial Finance we have a dedicated team who will work with you and provide you with a low cost, easy to manage service which could protect you from potentially damaging losses if a major customer suddenly fails. We have a wide range of clients who use this service and we can structure the policy to suit your business.
Why do you need it?
- Because you effectively lend your customers your money unsecured
- Because you should protect one of your largest assets – what people owe you
- Because “Blue Chip” is dead
- Because you never know what may be around the corner
The provision of credit or leasing services by us is subject to your meeting our Credit approval. Please ensure that you only apply for credit or leasing services that you can comfortably afford.