Euler
Hermes Business Banking and Factoring
Euler Hermes Business Banking and Factoring
products
and services
Euler Hermes offer a range of integrated products and services
designed to assist businesses in the management of their working
capital and cash flow and to protect their assets. These are
available to businesses of all sizes and in all trade sectors,
trading in the UK and overseas.
These
range from credit insurance, Euler Hermes UK’s core product,
which protects businesses against the effects of bad debt,
insolvency and political risks, through associated services
provided by our sister companies, such as credit opinions,
debt collection and invoice financing.
Did you know?
- Over
70% of businesses experience late payment
- In
the course of a year, the average company will lose 3 of
its active customers because of distress, insolvency, administration
or receivership
- Typically
40% of a company’s assets are in the form of its sales
ledger
- 22%
of UK business failures in 2000 were due to bad debt
- Over
half of all UK insolvencies involve established previously
prompt paying customers
For
further information on Euler Hermes Business Banking and Factoring
visit the Euler Hermes Website.
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