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Credit insurance related risks bypass smaller companies

Increased risks related to reductions in credit insurance may not hit smaller businesses as many cannot afford such insurance in the first place. Smaller companies that are part of the supply chain, for example medium and small sized scrap yards and manufacturers, may not have credit insurance because it can be up to 4 to 5 per cent of turnover.The disclosure came from South Wales Chamber of Commerce vice president David Brassey commenting on news that