DON’T GO CRAZY, GET PAID
Granting credit properly is a process of assessing a customer’s viability and ability to pay its debts timely before terms are provided.
Establishing good standards and practices to identify risky slow and no-pay customers maximize a company’s potential growth.
Taking the time and effort at the beginning of any new customer relationship can prevent potential risks from becoming a cash drain.
Protect profits from high credit risk customers by getting cash in advance or C.O.D.
Allowing good customers borrowing-power, strengthens the vendor-customer relationship, improves your cash flow, and
Increases overall productivity by eliminating wasted time spent on a no-pay customer.
Dollars talk – let your credit policies be the discussion so chasing bucks doesn’t drive you insane.