|
The global economic downturn presents a
specific risk to small and medium sized businesses, especially
those that trade on credit terms. We know that credit is vital for
trade, but increasingly difficult to secure.
Towergate Risk Solutions can help, even as
other insurers have deserted their credit policies, compounding the
reality that 18% of UK businesses fail due to bad
debt. Source: Elver Hermes UK.
“Remember that credit is money” - Benjamin
Franklin
|