Fault and Non-Fault Insurance Finance
We work with companies who receive a proportion of their work or payments from insurance companies; this can be in relation to both fault and non-fault insurance work. We have many companies that work on insurance related jobs and contracts; so we assist with the financing of their transactions.
Many companies who work with insurance companies trade with unpredictable revenue streams – the result of this is difficulty in relation to knowing what work may be taken on, paying staff and general expansion of the business. We work with companies such as car garages, removal firms and building companies. We assist in structuring a finance package to suit their needs.
Trade Finance Global has extensive expertise of creating finance packages to suit companies and our customers can be confident that we are well positioned at the heart of the industry; working with many of the best funders in the market. We know that some debt providers will not fund fault or non-fault insurance contracts, as the debt is not easy and straightforward like other asset classes.
The relevant funders in the market that we work with have an in-depth knowledge of the insurance market; and the associated payment terms. Therefore, we have the ability to offer flexible finance arrangements that work with many different types of companies. We can work with any size of company and see each client as unique. We will attempt to identify what the needs of the client are and will attempt to find a suitable financing package in order to work with them.
- You are looking for a finance facility
- You have an established trading company
- The business is creditworthy
We employ a few people and get a number of insurance related contracts. From a revenue perspective, it is great. However, payment is usually longer than dealing with normal business customers. A smart invoice discounting facility has allowed us to have certainty when it comes to payments and taken away a headache, due to the uncertainty of the business.