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The credit policy is a vital document for almost any company, but particularly one out of the construction industry that is credit-heavy. Your organization should lay out its clearly philosophy on expanding terms to customers and gathering on overdue reports. If there’s no plan, there’s no a cure for success.

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What is a Credit Policy?

Basically, a credit policy is a couple of recommendations that sets credit and re re re re payment terms for clients and establishes a course that is clear of for belated re re re payments. Continue reading →