Top 10 Credit Red Flags

A new client is great news, right? Well, except when it isn't. Sometimes you have to make the call not to extend trade credit to a new business, or to stop extending credit to an already established customer. Other times, a deal can be brokered with your sales department, the client, and accounts receivable to approve the sale on condition of cash in advance. What are the red flags that credit managers need to watch for with a credit risk? Having a credit policy with credit analysis protocol in…