Business failures are on the rise and according to Dunn & Bradstreet, it is not because of a lack of opportunity or sales, but rather, poorly managed cash flow.
The problem is that executives are focusing on revenue and sales numbers and ignoring cash flow, credit risk and receivables management.
And with Australian businesses taking almost a full month longer than average to pay their bills and 36% of them now paying in over 90 days, the risk to your cash flow is serious.
If you are serious about surviving and growing your business, you need professional help to protect your cash flow.
We Are Experts On Credit Insurance and Cash Flow Protection
Niche Trade Credit Pty Ltd is one of Australia’s foremost experts on Trade Credit Insurance. We will help you protect your cash flow and monitor debtors for early warnings of potential payment difficulties.
Every businesses worst nightmare is to strive to deliver the best solution possible for their client or customer and then find that they will not be rewarded for their effort or worse, may even lose a healthy, viable operation which is their livelihood. We have all had to go to the trouble of following up people who don't pay, listen to countless excuses and negotiate a payment arrangement with them, only to have them again fail to meet their obligations. It is without doubt the single most stressful job you have when you run a business.
Now you can hand all this stress over to the people who understand it and focus on what you do best: Running Your Business. When you partner with Niche, we take care of protecting and maintain your cash flow and following up elusive debtors who are falling behind in payments.
We will ensure you recover more bad debts. Better still, we'll identify many before they get to that stage and manage them properly.
If you are an Exporter, Niche Trade Credit can arrange insurance for political risk or country risk, to ensure you are covered against the risk of non-payment by foreign buyers due to currency issues, political unrest, expropriation, etc.
Don't delay until it is too late. Protect your business cash flow today!