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

More and more lenders, which is you if you extend credit, are getting more personal as they check people's credit.  They are scrutinizing applicants jobs and where they live. 

This could be something you should consider while you are checking credit in these difficult economic times.  You must protect your business by getting paid. Make sure when you extend credit the customer is fully able to pay your invoices.