Know-It Global

JUNE 20, 2023

They contain information about credit utilisation, payment history, outstanding debts, and public records such as bankruptcies or liens. By evaluating the creditworthiness of potential suppliers, companies can minimize the risk of disruptions caused by non-delivery or bankruptcy.

Bad Debt 19

Bad Debt Credit and Collections Debt Collections Credit Risk 19

Your Virtual Credit Manager

MAY 16, 2023

High risk customers shouldn’t be granted credit. The truth of the matt er is there are times you should give credit to high risk accounts and ways to mitigate those risks. If your gross margins are high enough, you may want to put a cap on the cumulative credit you will grant to high risk customers.

Bad Debt 100

Bad Debt Credit and Collections Default Small Businesses 100

TreviPay

SEPTEMBER 18, 2024

Trade credit insurance offers comprehensive coverage for various commercial risks that businesses may face when dealing with customers. Key risks it covers include: Customer insolvency : Protection against buyers who declare bankruptcy and cannot pay. Customer service is another critical factor to consider.

Bad Debt 52

Bad Debt Default Credit and Collections Export Credit 52