customers /
9th May 2022
Nearly six out of ten SMEs rely on credit to buy insurance
New research from the UK’s leading insurance premium finance company, Premium Credit, reveals that 59% of SMEs are relying on credit to pay for their insurance, borrowing on average around £1,105. Nearly one in ten (9%) SMEs who use credit to pay for their insurance, claim to have borrowed over £3,000 to fund their cover.