Atradius launches simple trade credit insurance for SMEs

Leading trade credit insurer Atradius has launched Modula SME, a new product designed specifically to help smaller businesses manage their trade credit. The product has been designed following advice from small businesses, acknowledging their requirements for something simple, cost effective and easy to understand and administer. Modula SME differs from other policies offered by the industry as it brings the benefits of a trade credit policy packaged in a simpler format. Trade credit insurance improves and protects cash flow by helping reduce the time it takes for businesses to get paid. Secure in the knowledge that they are covered, this offers businesses the confidence to seize opportunities and capitalise on them in the knowledge that they are covered. In addition, holding trade credit insurance can help businesses to obtain bank financing.