Atradius Modula First bad debt insurance is designed for SME's protecting against financial loss in the event of a customer being made insolvent.
Atradius Modula First helps protect small business from losses caused by the failure of a customer to pay. It is designed as a risk management tool to enable your business to trade with confidence and explore new opportunities or products, knowing that you’re protected against credit risks.
How does it work?
As an SME, we know your busy trying to grow your business, that’s why we have designed this product to be as easy as possible. For a fixed premium especially priced to be affordable for small business like yours, you can ensure that you’re covered whenever you sell your products or services on a credit terms. So you can spend more time focusing on your business, and less time worrying about getting paid.
Product overview
- Up-front fixed premium policy from AUS $4,550
- Simplified overdue reporting
- Reduced policy excess of $3,000
- Instant credit check decisions
- Atradius Atrium puts you in the driving seat: 24/7 online policy management
- 90% of invoice value (less policy excess)
- Cover your normal trading receivables up to $100k
- Maximum liability options of $100,000; $150,000; or $200,000
- Domestic trade only (buyers located in Australia & New Zealand
Is this the right product for your business?
Whether you have already experienced a loss, or are wanting to reduce your credit risk in an on-going volatile business environment, business protection can be even more critical as an SME.
All it could take is one bad customer and with reports showing insolvencies for small business are at record highs, there is no better time to consider trade credit insurance, also known as debtor insurance, from Atradius.
If you would like to find out more about how credit insurance from Atradius can be of value to your business, drop us an email or give us a call, we would be happy to help.
Atradius Modula First bad debt insurance is designed for SME's protecting against financial loss in the event of a customer being made insolvent.
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