Nimbla

Nimbla Nimbla invoice insurance makes sure your invoices get paid even if a customer becomes insolvent.

Osborne Clarke shared a great article last week on 'How to manage distress in UK construction supply chains'. Knowing th...
04/03/2023

Osborne Clarke shared a great article last week on 'How to manage distress in UK construction supply chains'. Knowing the warning signs that might mean there is distress in the supply chain and how to manage your own risk is vital. If you spot any of those signs we can insure some or all of your invoices over the next few months, check our prices for your individual invoices here > https://bit.ly/3ZlugbB or contact us for your quote options at [email protected] or on 020 3984 8833.

Here's the article: https://lnkd.in/ec4qF-8w

Are you a textile manufacturer? We've just insured a fantastic textile manufacturer with our Flexi Limit policy. They ar...
03/03/2023

Are you a textile manufacturer? We've just insured a fantastic textile manufacturer with our Flexi Limit policy. They are now insured for the next 5 months for £250,000 of their invoices. They can now feel confident that they have some protection against not being paid.
Our Flexi Limit policy is Flexi by name, Flexi by nature. It provides flexible cover for the invoices you need.

If you would like a quote to insure some or all of your orders over the next few months, check our prices for your individual invoices here > https://bit.ly/3ZlugbB or contact us for your quote options at [email protected] or on 020 3984 8833.

It was reported by The Insolvency Service last week that there were 1,964 company insolvencies in December 2022, up 32% ...
02/03/2023

It was reported by The Insolvency Service last week that there were 1,964 company insolvencies in December 2022, up 32% from December 2021 and 76 per cent higher than the same month in 2019, prior to the onset of the COVID-19 pandemic.

Businesses in the UK are facing a myriad of challenges at the outset of 2023, with inflation standing above 10 per cent, interest rates at 3.5 per cent (the highest level in 14 years), soaring costs for materials and staff, huge increases in energy bills and the cost-of-living crisis driving consumer sentiment down.

Sadly this means that the position that these companies find themselves in is far from rare in the current climate. As a business owner, it can be difficult to know how best to protect yourself from this position and how you can mitigate your risk. Our products can give you some cashflow confidence should a business you sell to become insolvent or be unable to pay their invoice to you. We can cover single invoices or multiple invoices spread over various periods - email us at [email protected] or call us on 020 3984 8833 to find out how we could help you.

Are you a recruitment specialist? We've just insured a fantastic recruitment agency with our Flexi Limit policy. They ar...
01/03/2023

Are you a recruitment specialist? We've just insured a fantastic recruitment agency with our Flexi Limit policy. They are now insured for the next 6 months for £50,000 of their invoices. They can now feel confident that they have some protection against not being paid. 👍 Our Flexi Limit policy is Flexi by name, Flexi by nature. It provides flexible cover to cover the invoices you need.

If you would like a quote to insure some or all of your orders over the next few months, check our prices for your individual invoices here > https://bit.ly/3ZlugbB or contact us for your quote options at [email protected] or on 020 3984 8833.

We often get asked: Can you cover my invoice? Nimbla covers debtors from across the UK in every single industry. Debtor ...
28/02/2023

We often get asked: Can you cover my invoice? Nimbla covers debtors from across the UK in every single industry. Debtor limits will change from company to company, and you can get a live update on what is available through your Nimbla account at any time. By inputting your invoice details onto our platform, or by syncing your accounting package to do this automatically, you can see whether or not each invoice can be covered.

To see if we can cover your invoice sign in or sign up if you haven't before here: https://lnkd.in/ehmAxAiD

Are you a textile manufacturer? We've just insured a fantastic textile manufacturer with our Flexi Limit policy. They ar...
23/02/2023

Are you a textile manufacturer? We've just insured a fantastic textile manufacturer with our Flexi Limit policy. They are now insured for the next 5 months for £250,000 of their invoices. They can now feel confident that they have some protection against not being paid.
Flexible cover for the invoices you need covered.

If you would like a quote to insure some or all of your orders over the next few months, check our prices for your individual invoices here > https://bit.ly/3ZlugbB or contact us for your quote options at [email protected] or on 020 3984 8833.

We are launching a new product this year that we believe is the first of its kind. It will help business owners to mitig...
22/02/2023

We are launching a new product this year that we believe is the first of its kind. It will help business owners to mitigate their credit risk problems and bad debts. We'll share with you when we launch, but if you are a broker or partner of ours and want to know more then you can book a demo and be the first to find out more here: https://lnkd.in/esKCifx9

Why it’s important to know your customer, what you need to know and how it ensures that your transactions with them are ...
21/02/2023

Why it’s important to know your customer, what you need to know and how it ensures that your transactions with them are happy!

https://lnkd.in/enfxw-Pp

You asked and we answered...What is embedded insurance?“Embedded insurance” allows customers to buy insurance digitally ...
10/06/2022

You asked and we answered...

What is embedded insurance?

“Embedded insurance” allows customers to buy insurance digitally without requiring them to go elsewhere to complete a transaction.

It provides a smooth and seamless customer experience helping companies process transactions instantly and effectively.

But it also enables customers to buy the cover they need when they need at the touch of a button.

Unlike buying traditional insurance which usually includes various steps, visiting multiple web pages, uploading tons of documents and sorting through lots of paperwork, embedded insurance addresses many of these inconveniences.

Insurance should be simple and easy, we quote and bind in 3 minutes so our customers can get the protection they need at a reasonable price without the fuss. Come and take a look around: https://www.nimbla.com/

Covid-19 Fraud: Businesses at risk of insolvency! In a recent article by the Times it was reported that 63,968 companies...
04/05/2022

Covid-19 Fraud: Businesses at risk of insolvency!

In a recent article by the Times it was reported that 63,968 companies were prevented from being wound up by the government due to owed pandemic loans.

During the pandemic lockdowns many businesses rushed to get loans to cover financial losses and disruption.

Some businesses used this money to keep their operations afloat.
However, other businesses used this money for personal expenses including purchasing clothes, cars and properties.

1 in 3 directors have been disqualified over the last few months due to misuse of a Bounce Back Loan.

Businesses who fail to pay back the loans are at risk of insolvency and their clients are at risk of becoming insolvent.

With our credit risk calculator you can check how likely your existing and new customers are going to pay you before you offer any credit.

Get a quote today: https://calculator.nimbla.com/

We're delighted to be working with Credit Management Expert, Philip King who is passionate about championing and empower...
27/04/2022

We're delighted to be working with Credit Management Expert, Philip King who is passionate about championing and empowering small businesses.

A majority of small businesses don't know about credit insurance and can experience difficulties sourcing financing, managing cash flow and collecting payments.

Philip will be working with us so we can provide more information and help to support SMEs.

We want to make trade credit advice and insurance more accessible to all.

Are brick and mortar stores struggling with rent arrears?Cast your mind back to the Covid-19 lockdowns… Most businesses ...
20/04/2022

Are brick and mortar stores struggling with rent arrears?

Cast your mind back to the Covid-19 lockdowns…

Most businesses had to close their premises and suspend trading whilst still being liable for rent and service charges.

The government put measures in place to avoid a range of commercial tenant evictions.

However 2 years later, this has led to a pile of unpaid bills and debts for brick and mortar stores.

What does this mean for businesses who are still trading?

A few things actually:

Bill increases: as the moratorium on commercial tenant evictions has been lifted you will now need to arrange to pay this money back

Mediation: due to fractured relationships between landlords and tenants, it might be challenging to negotiate what will be paid and when

Limited cashflow: more bills reduces the amount of working capital in your business which leaves you vulnerable should something go wrong

Debt: this increases the overall amount of money you owe which can have a negative effect on the financial health of your business in the long run

Trading issues: if your customers are struggling to pay back their debts they may default on the money they owe you

Address

133 Whitechapel High Street
London
E17QA

Opening Hours

Monday 9:30am - 5:30pm
Tuesday 9:30am - 5:30pm
Wednesday 9:30am - 5:30pm
Thursday 9:30am - 5:30pm
Friday 9:30am - 5:30pm

Telephone

+442039848833

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