Credit
Protects your business against losses on debtors if your customers cannot pay.
What is credit insurance?
It covers a large part of your receivables if a customer goes bankrupt or defaults on payment. At the same time, it functions as an analysis tool, where the company monitors your customers' creditworthiness.
Why credit insurance is important
Your money is better off in your own bank than with an insolvent customer. Many SMEs are too vulnerable to the bankruptcy of individual large customers. Without credit insurance, a single bad debtor can drag your business down with them.
One pitfall is the largest customers. They often have to be individually approved by the company to be covered. We frequently see businesses believing they are covered for all customers, even though the most important ones are actually excluded in the small print.
How Leaf helps
Customer monitoring: We help set up processes to ensure your most important debtors are always approved and covered.
Liquidity protection: We tailor insurance that matches your actual B2B sales and credit risk.
Impartial brokerage: We find the provider that has the best data on your specific industry and customers.