Despite the plethora of potential benefits, many businesses are cautious of in-house financing, where they extend their own credit terms to customers. As we’ve mentioned before, the concept of store credit is nothing new, but while the small-town convenience store clerk knew his customers personally, and could track a few payments […]
As we made clear in our earlier posts on dental patient financing and veterinary wellness plans, the most apparent advantage of in-house financing is the ability to expand your business by reaching out to consumers who may have trouble affording your services. This system has helped thousands of dentists, […]
Our nation’s current financial climate presents a challenge for small businesses in any field. The credit crisis has affected a substantial portion of the country’s consumer base; 37% of the country has a credit score of 650 or lower, and approval rates on loans are frequently tightening.
A lack of access […]
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 […]
If you are planning on attending PNDC in Seattle this week, make sure to stop by our booth (# 215) to say hi and learn more about the great services ExtendCredit.com offers Dentists and Medical Billers.
Sponsored by the Washington State Dental Association (WSDA), the Pacific Northwest Dental Conference (PNDC) offers […]