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In today’s uncertain economy, roofing contractors face growing ĥnancial risks—from rising material costs to delayed payments and client insolvencies. One major default can disrupt cash flow or even impact your business. ADLER FAIRWAYS recommends considering trade credit insurance, which offers a practical solution to protect your company against these risks.
Trade credit insurance covers your receivables in the event a customer fails to pay due to insolvency, bankruptcy or prolonged default. If a client can’t pay, the insurer reimburses a significant portion of the invoice—typically 75 – 95 per cent.
Why should roofng contractors consider trade credit insurance?
- PROTECTION FROM INSOLVENCY: with rising insolvencies in the construction sector, insuring your
receivables reduces exposure to high-risk clients. - STRONGER CASH FLOW: insured payments lead to more predictable income and better planning.
- INFORMED CREDIT DECISIONS: insurers provide data on customer creditworthiness, helping you to avoid unreliable clients.
- IMPROVED FINANCING TERMS: lenders often view insured receivables more favourably, enabling better loan access and rates.
- CONFIDENCE TO GROW: whether contractors are bidding on larger jobs or taking on new clients, insurance supports safer expansion.
In a market where even longstanding clients can default, trade credit insurance isn’t just a safety net, it’s a strategic tool. Roofing contractors who adopt it gain peace of mind, financial stability and a stronger foundation for growth.
