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Bad debt protection

Bad Debt Protection allows you to protect up to 90% of your outstanding debt, helping reduce the impact on your business if customers are no longer able to pay.

  • Check and monitor your customers and spot signs of insolvency
  • Protection for up to 90% of approved bad debt when your customers cannot pay
  • Protect your business’s cash flow

CHOCC

Similar to invoice factoring but you maintain responsibility for credit control duties.

Invoice discounting

Confidentially access up to 95% of your invoice value, whilst handling your own credit control.

Invoice factoring

Release cash from your business using invoices as collateral.

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Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551