Nimbla invoice insurance works like trade credit insurance. This provides protection if one of your customers doesn’t pay their debts. If a customer does not pay due to bankruptcy or insolvency, your Nimbla insurance policy will pay out the outstanding debt. With Nimbla you get flexible and affordable access to trade credit insurance on a per-invoice basis, meaning you only pay for the protection you need and don't have any recurring fees. So, should your worst nightmare come true and a buyer goes bankrupt, Nimbla will pay out.
Nimbla + Xero
By securely connecting your Xero account, you will always be able to see your latest invoices and the credit risk associated with them in the Nimbla app. We use our unique technology to analyse your invoices in seconds and give you instant access to the predicted payment date and the credit risk of all your invoices — free of charge. This allows you to easily identify which invoices to insure with the click of a button.
Connecting your Xero account is fast, easy and secure. Simply create an account with Nimbla to get started. We’ll ask you to connect your Xero account to Nimbla after you’ve created your account. When connecting your Xero account, we’ll ask for your permission to share your data with Nimbla. After you’ve given permission, we’ll load your invoices and give you instant access to the predicted payment date and the credit risk of each of them. This can take a couple of minutes, depending on the number of invoices in your Xero account.