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Extending Business Credit – Risk Taking

June 18, 2018 · Business Credit & Collections Lessons

Business Credit & Risk-Taking

When extending business credit evaluate your client’s patterns of taking credit risk, either through review of their credit rating or based on your personal knowledge.  If the customer displays high degrees of credit risk-taking, it may not be in your best interest to extend the business credit.

Business credit and collectionCommercial Receivers, Incorporated is a commercial debt collection agency, serving business-related debt nationally.   We believe a well-informed client will collect more of their own debt, and when they need our agencies assistance, the transition will be smoother, and our collection efforts more successful.  Therefore, we offer this best practices guide on Receivables Management and Extending commercial credit.

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