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The Keys to On-boarding New Customers Smartly and Efficiently

Your Virtual Credit Manager

.” Require every customer to sign a credit agreement that spells out your terms and conditions, including late charges and collection fees in the event of delinquency or default. Have a creditor’s rights attorney review your credit application form and related materials/agreements.

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What is Credit Risk Management: Principles, Examples, and Best Practices

Emagia

It involves identifying, assessing, and mitigating the potential risks associated with extending credit to customers or counterparties. Effective credit risk management enables organizations to make informed decisions, protect their assets, maintain healthy cash flows, and safeguard against default and financial losses.

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Top 7 Credit Risk Management Tools in 2025

Gaviti

This modern approach enables faster decision-making and more personalized credit offerings, reflecting a comprehensive view of an individual’s or companys financial behavior. To streamline the credit application process, Gaviti offers online credit application forms, allowing customers to submit their information digitally.