New credit management scheme for BIBA brokers

The new scheme, exclusively for BIBA members, provides affordable credit cover at a time when capacity is still limited on the open market.  The scheme offers BIBA members special commission arrangements, preferential rates and wider scope of cover and product offerings.

BIBA members gain access to expert advice on credit risks and a range of solutions designed to improve financial security and credit control; establishing disciplines that can help businesses grow and prosper.

These include:

- BIBA Credit Insurance provided by Atradius

- BIBA Bonds provided by HCC International

- BIBA Business Finance provided by Bibby Financial Services

- BIBA Collections provided by Access Credit Management

- BIBA Credit Reports provided by Graydon UK Limited

Sally Del Principe, Associate Director at Perkins Slade, commented:

“We are delighted to have been offered this opportunity. We’ve worked with market-leading providers to build a comprehensive package of credit management services that can help BIBA members to enhance their customer proposition and block attacks from competitors. In addition, by encouraging robust credit management, the scheme can also help to reduce client failure.”

Steve Foulsham, Technical Services Manager at BIBA commented:

“We are delighted to be able to offer a credit risks solution for our members using the expertise of Perkins Slade. Many of our smaller members are not experts in this class of business, but Perkins Slade is now able to provide more than just credit insurance with the additional range of solutions to help provide financial security for our members’ clients.”