With payment delays continuing to impact UK businesses, Coface has launched EasyLiner, a simple trade credit insurance solution designed specifically for SMEs. Combining protection against unpaid invoices, buyer risk insights and debt collection support, EasyLiner helps businesses strengthen cash flow resilience through a streamlined digital experience.
Late payment continues to be a challenge for businesses across the UK
According to Coface's latest UK Payment Survey, 89% of businesses experienced at least one payment delay during the last 12 months. Respondents reported an average payment delay of 34 days, while average agreed payment terms have increased to 57 days.
For SMEs, delayed payments can quickly create pressure on cash flow and limit their ability to invest, hire and grow. Yet many smaller businesses continue to operate without protection against unpaid invoices, often because they view trade credit insurance as something designed primarily for larger organisations.
That perception is one of the reasons Coface UK and Ireland has launched EasyLiner, a trade credit insurance solution developed specifically for SMEs.
EasyLiner combines protection against unpaid invoices, access to buyer risk information and debt collection support within a straightforward digital journey. Businesses can obtain a quote in seconds through an online tool and, where all required information is available, new business instructions can typically be issued within hours.
Designed for businesses with annual turnover of up to £10 million, EasyLiner removes much of the complexity traditionally associated with trade credit insurance. Clients benefit from transparent pricing, online policy management and support from Coface's risk and collections specialists, while maintaining a simple customer experience.
Commenting on the launch, Benoit Urbin, Country Manager, Coface UK & Ireland, said:
"Many SMEs understand the impact unpaid invoices can have on their business but often assume trade credit insurance is too complex or time-consuming to implement. EasyLiner has been designed to make protection more accessible, providing a simple, digital route to trade credit insurance without removing the expertise and support clients expect from Coface.
With payment delays continuing to affect businesses across the UK, we believe SMEs should have access to the same level of protection and risk insight as larger organisations, delivered in a way that is simple to understand and straightforward to use."
For brokers and introducers, EasyLiner creates an opportunity to address a risk that affects many SME clients but is often overlooked until a significant debt arises. As payment delays become more common and payment terms continue to lengthen, protecting receivables is becoming an increasingly important part of financial resilience.
Businesses interested in learning more about EasyLiner can visit the dedicated product page or speak to our team.
