0808 196 1692 Make a Payment Business Advisors Client Login Funding About Us Contact Us GET STARTED BAD DEBT PROTECTION Safeguarding against non-payment Home Funding Bad Debt Protection How to protect against bad debt Each year, businesses lose thousands of pounds because of poor payment practices. Payment delays present a real business risk, placing pressure on cashflow and restricting your capacity to grow. Even when a business is thriving, it can take just a few unpaid invoices to create significant issues. We can offer non-recourse Bad Debt Protection and take on your bad debt risk. This provides reassurance, knowing you’ll receive payment and safeguard your cashflow if your customers are unable to make payment or become insolvent. Is my business suitable? Your business could be suitable for Bad Debt Protection if you: Yes: have had previous experience of customer bad debt Yes: want to minimise the risk of non-payment from customers Yes: want to protect your cashflow Yes: have some customers that represent a large percentage of your sales Get a quote Bad Debt Protection Bad Debt Protection features: We take on your bad debt risk Protects up to 90% of your bad debts Protection can be provided for customers with balances over £500 Can protect against all of your customers or can be used just for selected customers We credit check all of your existing customers and any prospective customers Additional funding may be available against customers who represent a large proportion of your sales or where longer payment terms are offered We take care of all the administration, so you can free up your time Bad Debt Protection benefits: Speed: you can have protection within 24 hours Security: we protect your business when your customers do not pay Scope: we can protect up to 90% of your bad debts Choice: you can decide which customers need to be covered Prevention: you can monitor your customers and act before they become a bad debt Flexibility: we can back date protection on all debts by 60 days Personal: we get to know our clients who value our relationship-based approach and our Service Promise How Bad Debt Protection can help your business Bad debt affects a large number of businesses in the UK, irrespective of size or sector. If you have experienced bad debt, or a few customers represent a large percentage of your total sales, you can protect your finances from non-payment with Bad Debt Protection, also known as ‘non-recourse’. This gives you the confidence of knowing you will receive payment for the work you’ve done or products you’ve sold. UK SME’s have written off £20,403 in bad debt over the past 12 months. BIBBY FINANCIAL SERVICE CONFIDENCE TRACKER Speak with one of our team today 0808 196 1692 or Request a Call-Back FUNDING SOLUTIONS Invoice Finance Asset Finance International Trade Bad Debt Protection USEFUL INFORMATION Contact Us About BFS Careers Business Advisors Become a partner RESOURCES Helping your business Latest News Blog Reports and Insights Change location Site Map Cookie Policy Privacy Notice Terms & Conditions Modern Slavery Act Copyright Bibby Financial Services Ltd Registered address: 3rd Floor, Walker House, Exchange Flags, Liverpool, L2 3YL Registered Number: 3530461 Cookies We use cookies on our site to help deliver a better online experience, and to help us improve our service to you. When you accept all cookies it enables us to tailor content and marketing so they relate to your needs. It also helps us fix any issues you may come across. You can learn more by viewing our full Cookie Policy here. Select 'Manage' to manage your cookie settings, or 'Accept' to accept all cookies and continue. ACCEPT MANAGE