Trade credit insurance provides crucial protection for businesses – foregoing it leaves businesses vulnerable when a client fails to pay. This is one of the biggest factors that can affect cashflow and, unlike many other market factors, it’s one that businesses can control. Credit insurance helps to keep up a healthy cashflow and continue essential operations (including payroll and stock purchases,) even if a customer proves unreliable. It gives businesses leeway to work with clients by offering flexible or extended payment plans. Finally, it can bolster the value of their debtor portfolio, leading to higher lines of credit and lower costs of borrowing. Trade credit insurance is an essential part of the business budget, especially in an uncertain market.