Structuring your credit process so that you get paid

04/15/2013 | SCORE Small Business Success Blog

If you want to offer credit to your clients, put your policies in writing and ask your customers to fill out a credit application that asks for details such as their contact information, references and personal guarantee, writes Meredith Wood, director of community relations at Funding Gates. "Do the work upfront so you spend less time down the road chasing payments," she writes.

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