Debtsource

Can you sell to every debtor?

The purpose of effective credit management is to achieve the maximum possible outstanding for the shortest possible period of time. This is easier said than done when getting new business is tough, only for credit to refuse the account – and especially frustrating in a depressed economy where growth is hard to achieve. No wonder …

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Granting credit to Zim companies needs review as Dollar trades against itself

A number of SA companies are extending credit facilities to Zimbabwean debtors, and some of our local trade credit insurers are covering these risks. Considering recent developments in Zimbabwe it may be time to review these credit opinions, especially in light of the fact that the country is the only place in the world where …

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