Highland Fuels replaced their Credit Insurance program with Bondaval.
Highland Fuels have been operating for over 60 years, developing best-in-class credit practices that have enabled them to become Scotland’s leading independent fuel distributor.
Commodity price volatility and inflexible existing credit solutions encouraged Highland’s credit team to explore alternatives to trade credit insurance.
Bondaval are now delivering 100%, non-cancellable payment security, administered by Highland’s credit team in real-time via Bondaval's online portal.
Stephen Rhodes – MD, Highland Fuels
“Bondaval have empowered our credit team with a unique combination of certainty, efficiency and flexibility. It’s an advanced solution that is setting a new benchmark for credit security; the product provides us with complete balance sheet protection and is an important enabler for growth.”