Agreeing Commercial Credit Payment Plans
Credit Management Group UK
MARCH 11, 2024
Agreeing payment plans with delinquent customers is a common part of credit control. We’ve included some guidelines to help you get the best outcome for your company and to make consequences of defaulting on the agreement clear to your customer. Push back on their first offer of payment, it’s unlikely their first offer is their best offer. Look at what leverage you are using to encourage they pay your debt in the shortest amount of time.
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