COLLECTIONS: WHAT IS THERE TO KNOW

Introduction to Credit


Developing Credit Policies and Guidelines


Credit Applications designed for your business


Understanding the Basics of Credit Decision Making


Get to know the Legal Composition of the Customer


How to Set Reasonable Credit Limits


Types of Credit Accounts


Information Gathering for Credit Investigation

Equifax Credit Report Definitions Scoring


Credit Terms Approved Letter


Credit Terms Declined Letter - Re-evaluation of account


Credit Terms Declined Letter - Non-compatibility account


Searchable Web Addresses for Credit Information



CREDIT: WHAT IS THERE TO KNOW

Collection Red Flag Warnings


18 Credit Related Reasons for Lost Business


19 In House Causes of Over-extension of Credit


Daily Workload of the Credit Department


Methods of Measure for Credit & Collection


Collection Tips

Attributes of an Effective Collector

Pre-collection Steps & Warning Signs

Series of Collection Letters 1 - 6

Skip Trace Audit Checklist

Strategies for Handling Irate Customers

A Word about Collection Agencies




Learn how to develop credit collection policies best suited for your business.  Get to know your customer and the potential credit risk you might be taking on. Gain a better understanding on how to obtain and read credit reports.  Recognize some of the warning flags and the reasons for lost business & over extension of credit. Many businesses have to deal with past due accounts, improving your level of expertise in credit & collections should help you to reduce your potential bad debt losses and ultimately help with your cash flow by collecting your accounts on time.

Contact us at creditservices@credifacts.com for customized credit support services, tailored to meet your specific needs.  

Whatever your credit needs CrediFacts is there to help.

CREDIT BACK OFFICE SUPPORT SERVICES

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Construction Credit Solutions