Invoice Protection

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Go to Invoicing

Check your customers’ credit scores

To help you decide which invoices to insure, you’ll be able to see your customers’ credit scores. This is a measure of their financial health (5 stars = good financial health, 1 star = substantial risk).

Select an invoice and get a quote

You can insure invoices of up to £22,000 (excluding VAT). You can get a quote for a single invoice or several and typical costs are between 0.3% and 1% of the value of the invoice.
Hokodo will give you a quote in less than 30 seconds. If you accept the quote, Hokodo insures 90% of our invoice amount against non-payment from your customer.

Contact Hokodo if your invoice becomes 45 days overdue

• If your invoice becomes overdue by 45 days, contact Hokodo at support@hokodo.co
• You need to notify Hokodo within 30 days of the invoice becoming 45 days overdue (so that’s 75 days from the ‘payment due’ date on your invoice).
• Hokodo will reply by email, explaining what to do. This is when you can instruct their debt collection service to step in to chase your customer.
• The collections process usually takes 15 to 60 days.

Get paid

If the collection fails, Hokodo will pay the protected amount (90% of the invoice value). Hokodo is backed by specialist insurers Lloyd’s of London so you know your claim is in safe hands.