Credit Risk Management
Credit & Debt Services in Huddersfield, West Yorkshire
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read moreWith the increasing use of asset-based finance credit insurance can be directly involved in the finance facility; in some cases, it is an actual requirement of the funder. On the more traditional overdraft facility, cover can be assigned to the lender thereby providing increased security and may improve the terms to the client. Management buy-out or buy ins and restructuring may lead to new management taking a closer look at one of the business's largest assets - its debtors. Even Directors' personal assets can be utilised as security, meaning potential risks are particularly focused on.