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Recruitment Credit Insurance

Credit Insurance Trade Sector

Recruitment companies involved in Contracting or Temporary labour will usually have an anchor on growth as a result of having to pay wages long before the client has paid the invoice for the labour provided.

A signed timesheet is widely regarded as a solid base for a debt and the receivables finance market is always keen to provide funding solutions to cover the time between the employee being paid and payment of the invoice from the client.

Credit Insurance is almost always the third ingredient in this funding circle. The debt may be undisputable, but it is still only as good as the strength of the client company.  A properly construed Credit Insurance policy will not only cover a debt after it has been invoiced but will also look at the potential loss which may arise in respect of unsigned timesheets at the point of insolvency, something not always covered by all Debt Protection arrangements.

Many companies using Contractors will choose to only accept one provider sometimes referred to as a Consolidator, which may create a situation where a very well rated client has moved the credit risk to an agency with a comparatively low credit rating and weak balance sheet. Knowledge and understanding are the keys to providing more cover than a rating would normally justify.

Acumen have been working with Recruitment companies and Invoice Discounters for very many years and a client base including over 60 Recruitment companies proves testament to our expertise in this rapidly growing sector.

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What Clients Say
  • We have been working with Acumen Credit Insurance since 2007 and have always found them to be professional and thorough in both their approach and delivery of services.

    Media solutions company
    Director of Finance and HR
  • We particularly appreciate their industry knowledge and expertise, both within our particular sector and within the credit industry in general, which has proved invaluable throughout the years in negotiating renewal terms and credit lines thus optimising our competitiveness.

    Media solutions company
    Director of Finance and HR
  • Over the last 8 years we have utilised the services of Acumen Credit Insurance. They provide us with a highly professional service at all times. Their service levels are excellent and they will always strive to secure the best insurance deal possible.

    Fuel company
    Finance Director
  • Acumen Credit Insurance will always go above and beyond the call of duty to answer any request, no matter how big or small. I have no hesitation in recommending the services of Acumen Credit Insurance.

    Fuel company
    Finance Director
  • Ultimate’s credit insurance facilities have been managed by Acumen Credit Insurance for several years and since I have been involved over the last 2 years, I have been provided with excellent service levels and advice.

    Branding, sourcing & distribution company
    Finance Director
Contact Us
  • Head Office
    40 Spring Gardens,
    Manchester, M2 1EN
  • Phone Numbers
    New Enquiries - 0845 073 8630
    Manchester - 0161 687 2382
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  • E-mail:
    acumen@credit-insure.co.uk
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    • We are looking for an Account Executive with credit insurance experience in our Marlow office https://t.co/GTM65vsh76 #creditinsurancejobsover a year ago
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    • Sheffield City Region Breakfast Club 14th March: how to get more customers online. Register here: https://t.co/3IJuqyF5RQover a year ago
    Latest News
    • Acumen’s Sale office moves to Manchester City Centre
      January 11, 2019
    • empty shopping centre
      Is the uncertain political climate taking its toll on the high street?
      December 12, 2018
    • IPT credit Insurance
      Feared IPT rate rise appeased in 2018 Budget
      October 31, 2018
    Testimonials
    • We have been working with Acumen Credit Insurance since 2007 and have always found them to be professional and thorough in both their approach and delivery of services.

      Media solutions company
      Director of Finance and HR
    Acumen
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