Credit Policy for businesses and how to extend credit and manage credit risk |
New Accounts Archives
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Jul16
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Jun12
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Senator Obama loses Jim Johnson today due to the digging into his personal and financial life, succumbing under the pressure of exposing everything, Johnson resigns. It seems Republican criticism of his home mortgage deals became a distraction for Johnson....
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May 7
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Banks are toughening up on lending terms resulting in it being harder to borrow. The economy has slowed to a crawl and banks are being tougher on credit score requirements and requirements for getting a line of credit. You...
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May 1
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Today I am pleased to have Krista T Walsh the President of KC Collect! and a member of my Credit & Collections Association as my guest blogger! Many business owners, especially NEW business owners, are so eager for a sale that...
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Apr27
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Did you know…. There was a 57% increase in home foreclosure filings in March, compared with the same month last year? Keep your eye on the economy for the next year and a half and make sure your business...
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If your business extends or offers credit you will want to really take steps to minimize your exposure to high-risk debt in the coming months. You may have noticed that many banks and lenders have much stricter guidelines for...
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The Risk of Extending Credit
Demand for Credit Falls as Lenders Raise Standards If You Extend Credit - Read This! Pre-Sale Paperwork does NOT kill a sale! The toughest question your customer will ever ask you…and how to answer it without getting into trouble. Will your Customers Pay You? Checking Credit Effectively! Extending Credit during a Credit Crisis Telling your Customers When you want to be Paid Steepest drop in Home Prices in 20 years – How does this Affect your Business? I need Help with a Credit Policy! Fire your customers! Sometimes their business is not worth it! Preventive Maintenance for your Business Can I Outsource my Contracts? Do your Customers Agree to your Terms and Conditions? What everybody ought to know about New Accounts |
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