Remove Books Remove Credit Application Remove Credit Card Payments
article thumbnail

5 Methods to Reduce Late Payments

Gaviti

Or they may simply want to have different types of payment options beyond checks and credit card payments. They were extended additional credit but were not creditworthy. Want to learn more about how you can reduce late payments from your customers? Contact us and book a demo today.

article thumbnail

5 Methods to Reduce Late Payments

Gaviti

Or they may simply want to have different types of payment options beyond checks and credit card payments. They were extended additional credit but were not creditworthy. Want to learn more about how you can reduce late payments from your customers? Contact us and book a demo today.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Revolving Credit vs Installment Credit

CreditStrong for Business

Cons The loan funds in most installment credit options provide financing for a single, one-time purchase in the form of a lump sum. Borrowers seeking additional financing through these sources must typically enter the formal credit application process again.

article thumbnail

What Is Industry Risk in Lending?

tillful

During the initial credit application, lenders will often ask you to select your industry from a dropdown menu of business categories. High chargeback rates Chargebacks occur when customers dispute credit card payments with their card or bank account providers. How do lenders evaluate industry risk?