Credit Policy for businesses and how to extend credit and manage credit risk

Credit managers are in high demand right now. The economy is forcing business owners to look at other ways to make money. Collecting from past due customers is one of the most resourceful ways.

But what do you need to know in order to be a credit manager? 

Nancy Creamer has 5 great qualities that will help a credit manager be successful.

1. An economic background.
2. Creativity.
3. Flexibility.
4. A strong sense of the customer.
5. A good credit policy.