UK small- and medium-sized enterprises (SMEs) should take steps now to ensure that they are in a strong position to gain full advantage from the economic upturn, according to global credit management company and credit insurer, Atradius.
To help SMEs protect themselves against the risk of bad debts, and to trade confidently and competitively in the growing global market, Atradius has recently launched two new credit insurance policies, the first credit insurance plans that have been specifically designed for small businesses. They provide cost-effective and straightforward protection against bad debts for firms that have previously considered credit insurance too expensive or unsuitable for their size of business. The products have been designed for businesses with a turnover of up to Ј2 million, with premiums costing from as little as Ј1,000.
The new policies are aimed at small businesses and new companies in their early trading years.
