How to Evaluate Credit RiskExtending business credit is a huge responsibility – it’s the credit manager’s job to weigh the risk of granting credit and determine whether customers can pay on time. Bad credit decisions, based on bad data, can impact monthly cash flow and lead to bad debt when customers don’t pay as promised. The articles below explain key concepts about extending business credit. Keep reading to learn more.
What Is Creditworthiness?Learn how companies that extend business credit use the 5 C’s of Credit to help determine creditworthiness.Learn More
Business Credit Risk ManagementBusinesses that extend credit to other businesses must set lending limits based upon sound data.Learn More
How to Write a Business Credit PolicyEstablishing a business credit policy is an essential risk management practice. View a sample credit policy to get started.Learn More
How to Screen and Monitor Business Credit RiskLearn more about monitoring tools such as alerts to better manage your customers’ trade credit.Learn More
Best Practices in Online Business Credit Application FormsAn online credit application is a great way to update your evaluations and eliminate paper-based processes. Here's what you need to know.Learn More
What Is Trade Credit Insurance?Learn the basics of trade credit insurance and find out if it’s right for your business.Learn More