ALBERT EINSTEIN: “The definition of insanity is doing the same thing over and over again, and expecting different results.” Despite best efforts in evaluating when to extend credit and for how much, some customers will still become delinquent. The easiest … Read More »
In my last post, I provided an overview of the credit extension process. Many of my clients have asked for further detail and guidance on evaluating the applicant and the final credit decision. There are two basic principles that are critical … Read More »
If you are a business owner you are surely aware of the impact A/R has on your bottom line. While it varies by industry, traditional estimates are that for every dollar you have as a “non-performing” asset, you would need … Read More »
C2C Resources is an international commercial debt collection agency. Our blog provides debt collection tips, collection letter templates, useful resources for accounts receivables management and much more. While you’re here, download our free Credit and Collection Handbook!