Automotive Aftermarket Insurance Services for IAAF Members
FinCred IS offer complimentary advice and expertise to members of the Independent Automotive Aftermarket Federation (IAAF) regarding trade credit risks.
What Is The IAAF?
The IAAF is The Independent Automotive Aftermarket Federation, an association of manufacturers, importers of vehicle parts and independent garages. They are dedicated to promoting the interests of those involved in the independent automotive aftermarket.
Does Your Business Operate In The Automotive Aftermarket Industry?
Whether you are involved in aftermarket manufacture/remanufacture, distribution of vehicle parts, servicing/repairing vehicles and installation of parts, we can offer trade credit insurance that protects your cash flow and minimises the risks to your business.
Why Do You Need Automotive Aftermarket Insurance?
Vehicle parts can be hard to source and expensive to purchase. Specialist repairs and maintenance work, especially on vintage motor cars, can be difficult and time-consuming.
Unfortunately, for any business that operates on invoice terms, there is a risk that invoices are left unpaid or paid late. This hit to your cash flow can have knock-on effects and put your automotive aftermarket business into a financially troublesome situation.
What Automotive Aftermarket Insurance Might We Recommend?
We offer three main trade credit insurance solutions that businesses involved in the automotive aftermarket industry can benefit from.
These solutions are:
- Single Invoice Insurance
- SME Insurance for turnover up to £5 million
- Trade Credit Insurance for turnover in excess of £5 million
These products protect your business against the risk of trading on credit terms by providing reassurance that should your customers fail to pay their debts; you will be indemnified.
We can also tailor bespoke trade credit insurance solutions and global trade credit insurance policies for larger businesses.
If you are an IAAF member, we offer a free consultation on what trade credit solutions would be beneficial for you.
Take advantage of this free consultation today. Contact FinCred IS today for advice on your trade credit risks or to obtain an obligation-free quotation for cover.
We are a UK based company
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United States of America
What Our Customers Say
As an independent, owner managed credit insurance broker, we pride ourselves on our feedback.
“Over the last 6 years we have utilised the services of Financial and Credit. FinCred IS provide us with a highly professional service at all times. Their service levels are excellent and they always strive to secure the best insurance deal possible.”
“We have used FinCred IS as our credit insurance broker for many years. As a specialist in the industry they offer valuable advice and work hard to find the best premium and coverage options from the insurers.”
“We have been a customer of FinCred IS for over ten years and the service is second to none, would recommend them for your insurance needs.”
Adaptable and supportive
“Despite a constantly changing automotive market we have always found FinCred IS to be adaptive and supportive and tailor a suitable scheme to fit in with our requirements. We would not hesitate to recommend FinCred IS as a credit insurance partner.”
“We have used credit insurance for a number of years and have found FinCred IS to be a reliable, proactive partner to obtain the best possible deal and assist with the timely resolution of any claims.”
Please Get In Touch
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