Trade Credit Solutions has partnered with Nimbla to provide credit insurance on a per-invoice basis from just £5.60* per policy, making it much more affordable and easier than traditional credit insurance. You're in good hands with Nimbla’s expertise, support and technology at your disposal.
Invoice insurance from Nimbla provides businesses like yours with peace of mind, knowing that if one of your buyers becomes insolvent while owing you money, you still get paid. Unlike traditional credit insurance, Nimbla doesn’t require you to insure your entire turnover for thousands of pounds. Instead, Nimbla allows you to insure individual invoices. If your buyer becomes insolvent, you can file a claim and Nimbla will pay out 90%* of the invoice value.
Grow your business by offering credit terms to new buyers, knowing that you're protected if things don’t go to plan. It could be easier to win new business when you don't have to ask for payment upfront if your customer wants to pay on invoice.
Get peace of mind when using invoice funding, knowing that your loan is secure if the invoice isn't paid. When using invoice factoring or invoice discounting, your invoices are the collateral and you might want to protect them against non-payment to ensure you will be paid.
Protect your bottom line by insuring transactions with existing customers, knowing that you will get paid in uncertain times. Although you might know your customers, their trading conditions can deteriorate quickly and that could seriously harm your business.
Invoice insurance is perfect for small and medium-sized businesses with invoices of up to £500,000 (subject to your customer's risk profile). It’s useful for companies that operate in sectors such as manufacturing, wholesale, food production, recruitment, logistics and printing. However, we cover every sector. You can use invoice insurance to win new business by offering credit terms to customers, knowing you're protected when the invoice goes unpaid if they become insolvent.
Nimbla is an easy-to-use online platform, allowing you to insure your first invoice within minutes after signing up. We have created Nimbla to make credit insurance more accessible and to level the playing field for smaller companies. Our excellent customer support team can be reached by email, answering all the questions you might have. Watch the video below to see how easy it is to insure invoices with Nimbla., phone and
If a buyer has become insolvent, we’ll process the insurance claim quickly in a few simple steps. If this happens, you’ll receive a letter from the administrators, which you’ll need to submit to us through our website. We’ll check the documents and we’ll keep in touch with you throughout the process. When everything is approved, we aim to pay out within thirty days.
The maximum amount you can insure for a single invoice is £500,000 (subject to your customer's risk profile). You can insure multiple transactions from the same buyer.
You can pay online using your debit or credit card.
Invoice insurance can protect your invoices against non-payment in the event of insolvency or bankruptcy. It can also protect against any outstanding losses incurred as part of a company voluntary arrangement (CVA).
Every UK-registered business (including sole traders) doing business with UK-based limited and public limited companies. We are working hard on adding invoice insurance for selling to overseas buyers.