Whether you trade solely with businesses in the UK, in Europe or worldwide, bad debts are an unavoidable risk of doing business.
Pressures on margins, further stretched when fuels costs increase, make the impact of a bad debt even more acute and the peace of mind Credit Insurance provides, along with access to skilled analysts who specialise across the many sectors you might trade with, could provide a valuable addition to your existing credit management processes. The access to up to date credit information from both within the UK and overseas always ensures you are trading not just on reputation, but with the knowledge that insurers know and have met with your major customers.
With over 25 years experience working in your sector and with clients in sectors into which you provide services, Acumen have the expertise to tailor products to meet your individual needs, recommend the most appropriate insurer and address those issues which uniquely affect you and your sector. We recognise where you also store goods for customers, therefore we will ensure your policy is priced and designed to reflect your charges and liens over their products. Where you pay import duty and VAT on behalf of your customer we will, where required, extend the scope of cover to include these. Acumen can also arrange your VAT & Duty Deferment Bonds with our Surety Department who are members of the international network Surety Alliance.
As the UK’s largest broker to the UK Fuel Suppliers, Acumen can assist in maximising your credit lines for your fuel whether purchased by fuel cards or in bulk.
Whether you are looking to set up a new policy or would like to find out whether Acumen can help you get the most out of your existing policy, contact us to speak to one of our specialist brokers.