GFTM is to launch single-invoice trade credit insurance for builders’ merchants in Q2 2026, “helping merchants win new customers on credit, not just protect against bad debt.”
Late payment and bad debt continue to affect every part of the builders’ merchant supply chain, from independent branches through to regional and national networks. Merchants are often expected to offer credit to secure and retain trade customers — but many lack practical tools to manage the risk when dealing with new accounts, larger orders, or unfamiliar firms.
GFTM (Good For The Money) has now announced plans to launch a new single-invoice trade credit insurance service in Q2 2026, designed specifically for builders’ merchants. Instead of requiring an annual policy, the firm says the service will allow merchants to insure individual invoices only when needed, helping them approve new customer accounts, support larger materials orders, and offer credit more confidently at the start of a trading relationship.
The model is intended for merchants who have never previously used trade credit insurance, providing a way to reduce risk while still remaining competitive on price, terms and service.
Single-invoice cover — used for higher-risk orders and new trade accounts
Under the planned service, merchants will be able to insure a single invoice on demand, such as when opening a new trade account, supplying a larger-than-usual order, or trading where payment risk feels higher. Decisions will be “delivered in seconds,” with cover applied only to that transaction. Pricing is expected to start from around 1% of invoice value, with no minimum usage and no long-term commitment.
Supporting growth — using insurance to help win and retain trade customers
The service will also include a “self-insurance route” to help customers secure credit-based supply. A contractor or trade buyer will be able to register with GFTM and see the level of insurance that could, in principle, support their purchases. They can then approach a merchant showing that a future invoice could already be insured, with the merchant able to register via a dedicated link and obtain cover immediately so the sale can proceed on credit.
This approach is designed to “help merchants protect themselves from bad debt while also growing revenue, supporting new relationships, and retaining customers in competitive markets.”
Clear claims process when customers fail to pay
Where an insured invoice goes unpaid, GFTM “plans to manage the recovery and claims process.” For valid claims, the insured amount will be paid to the merchant, with support provided around bad-debt treatment and VAT relief where appropriate.
As background, GFTM launched its original free GFTM Platform in 2025 to help suppliers, including builders’ merchants, monitor shared customer payment behaviour, access live credit insight and strengthen credit control. The new single-invoice insurance service is being developed as the next step alongside that platform, combining insight with protection.
Jeremy Price, Founder of GFTM, said: “TCI is only used by 2% of SMEs. Millions of SMEs have never heard of it, let alone considered using it. Trade credit insurance has never been fully accessible to smaller businesses.
“Our Q2 2026 launch is about making it practical — giving builders’ merchants a way to protect themselves, support customers on credit, and win business more safely when payment risk is harder to judge.”
GFTM (Good For The Money) is a UK-based platform making trade credit insurance accessible to SMEs through single-invoice cover, transparent pricing and instant access to protection. The service, planned for launch in Q2 2026, is designed for businesses that have never previously used trade credit insurance, helping builders’ merchants reduce bad-debt risk while supporting safer, credit-based trading.
Visit https://www.gftm.ai
