How do you fix the credit limits of the customers
(Distributors, Dealers)
- 1 Answers
- 5379 Views
- Bata, I also Faced
- E-Mail Answers
Answer Posted / adarsh
• Trade References: After obtaining the trade references you can compare the amounts of the High Credits awarded to your customer
• Bank References: In doing a bank reference on your applicant find out the amount of line of Credit that was established by the applicant with the bank. If this line is unsecured then perhaps it can give you a little more comfort in setting a relatively higher credit limit for the applicant
• Agency Credit Reports: Credit Agencies generally give two pieces of information that are quite popular among credit professionals that aid in the setting of credit limits
• Financial Statements: Financial statements are also used in assigning Credit Limits to customers.
• Past Performance:: Credit Limit in this case is based on the past history of the customer as per the information contained in your books.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
DEAR ALL, WILL U PL. TELL ME THE DEFINITION OF "CORE RISK MANAGEMENT" IN BANKING SECTOR ? AND DIFFERENT TYPE OF CORE RISK IN BANKING SECTOR OF BANGLADESH ? THANKS
Why you are choosing BBA when you have done science in high school?
Explain Stock transfer cycles between two locations and what are the GL postings ?
Corporate restructuring is the process in which business tirms engage in a broand range of activities including expanding shrinking and otherwise restructuring assets and ownership structures .Inthis context discuss the various of restructuring
What are the questions asked for BDM in IT Sector or especially in IBM with accurate answers.
how will you supervises an NGO project
I seek information in starting up a radio station of my own. could you please provide me with the step by step procedure for such a mammoth-sounding task.where do i start from, copyright issues/formalities, registration and the cost approximations fo r the same..
Have you ever worked with someone that you did not get along with as part of a team? How did you handle that?
. What are different types of contracts ( Blanket and Fixed) in procurement, which type of contract should be used in what conditions.
Should excess cash be place in long term investments?
what is debenture
2) Will a pledge made by a non owner of the goods be valid always ? Elaborate
How your potential can be better utilised by the Company?
What interests you about this job?
what is the difference between monopolic competition and under perfect competition?
