Tradelock Makes Sure SMEs Always Get Paid

Meet Tradelock:

The new brand-slash-product by Paris-based trade credit insurer Euler Hermes is targeting SMEs with an invoice insurance proposition. Customers can review their clients’ level of risk and insure against non-payment starting at £12/ month. Coverage is offered for receivables between £200 and up to £500k per client, per month. “In case of non-payment, you can file a claim within 60 days after due date. We’ll get you your money within 20 days.” Three more things. One. Users can create an account for free:

Two. Users can select and connect to “all major” accounting software apps:

Three. Users can outsource chasing invoices and sending late payment reminders to Tradelock. Bottom Line: first came Credable.