October 17, 2011

Best Practices for Getting Paid

By | 2016-10-29T16:36:45+00:00 8:36 am|Comments Off on Best Practices for Getting Paid

This is the fifth installment in our series, “Establishing Best Practices for Extending Credit in Today’s Economy.” In our previous blog posts, we discussed getting organized to offer credit to your customers, best practices for processing credit applications and creating credit agreements.

In this blog post, we will focus on best practices for […]

October 17, 2011

Best Practices for Handling Missed Payments and Defaults

By | 2016-10-29T16:36:45+00:00 8:13 am|Comments Off on Best Practices for Handling Missed Payments and Defaults

This is the sixth installment in our series, “Establishing Best Practices for Extending Credit in Today’s Economy.”

In our previous blog posts, we discussed getting organized to offer credit to your customers, best practices for processing credit applications and creating credit agreements, and ensuring payment.

In this blog post, we will focus on […]

April 13, 2011

Creating New Payment Plans – Part 2

By | 2016-10-29T16:36:45+00:00 8:30 am|Comments Off on Creating New Payment Plans – Part 2

This is the fourth installment in our series, “Establishing Best Practices for Extending Credit in Today’s Economy.”

In our previous blog post, we discussed strategies to consider in developing your customer credit program. One of these is deciding which procedures or types of transactions to include in the program and what types […]

March 1, 2011

Creating New Payment Plans – Part 1

By | 2016-10-29T16:36:45+00:00 8:15 am|Comments Off on Creating New Payment Plans – Part 1

This is the third in our series, “Establishing Best Practices for Extending Credit in Today’s Economy”.

In our previous Best Practices’ blog post, we discussed the value of developing a written plan for extending credit and formalizing the credit process. As part of developing an overall strategy behind offering credit to your […]

December 3, 2010

Getting Organized to Extend Credit

By | 2016-10-29T16:36:45+00:00 8:32 am|Comments Off on Getting Organized to Extend Credit

This is the second in our series, “Establishing Best Practices for Extending Credit in Today’s Economy”.

According to a 2008 survey conducted by GfK Roper Public Affairs and Media, when faced with a medical expense over $1,000, one out of 10 people surveyed stated that they would seek a payment plan/monthly payments […]

October 31, 2010

The Need for Extending Credit is More Important Than Ever

By | 2017-01-18T18:02:04+00:00 8:10 am|Comments Off on The Need for Extending Credit is More Important Than Ever

This is the first in our series, “Establishing Best Practices for Extending Credit in Today’s Economy”.

Successful businesses in elective healthcare, dental care, and veterinary services use customer financing to maintain and grow their sales. Like accepting different forms of payment, such as credit cards, extending credit is becoming more popular as […]