The CI Group’s unique E-Bonded platform allows a lender to manage what is otherwise a complex administrative procedure. It allows control and visibility through one portal for both clients and lenders
Designed to run alongside your invoice finance product, Debtor Protection is a solution which protects your clients against bad debt due to their customer’s insolvency or non-payment (protracted default) of their invoices, whether their customers are based in the UK or overseas.
If a major customer fails to pay, the financial consequences for your client can be catastrophic. Debtor Protection gives your client the best chance of survival.
Insurance is provided by AIG and delivered through the Ebonded platform. AIG and the CI Group work closely together to understand the individual needs of lenders both in terms of systems and service.
In short our Debtor Protection solution provides peace of mind to your clients in an easily managed way.
Supporting your commercial activities
Our Ebonded system is highly protected meaning you and your clients information is as safe as possible
Better risk management means you have room to grow and provides security when entering new markets
Get to know your clients and their markets, further your business relationships and help grow together
Service your clients better
Offers balance sheet protection by protecting their largest asset - accounts receivables. One bad debt can wipe out years of work. With a 10% margin, a £5,000 bad debt creates a loss that requires an additional £50,000 of turnover just to stand still
Enhances client’s credit control disciplines, helps spot a potential credit risk problem before it becomes a bad debt.
Allows greater security for the invoice finance agreement as lenders have the additional security provided by the debtor protection agreement.
It allows more accurate financial planning as costs are known in advance.
Bad debt provisions can be reduced.
Capital is released for business expansion.
Protects and enhances the client’s future growth through better risk management.
Service & Support
Every quote is reviewed by your account manager and AIG Underwriter with regular, pro-active service meetings
Ongoing training for all of our customers and operational users
Our platform is constantly improving, adding new features as well as ones tailored for your business