Creditors have longer memories than debtors - They also have better systems

Business Advantage

It’s simple. CreDec provides the basis for secure growth by ensuring the most efficient use of capital in its customer’s businesses.

As a list, this is what it looks like written down:

  • Lower absolute debt
  • Improved cost of debt
  • Reduced working capital
  • Better allocation of staff and management overhead
  • Elimination of contingent credit lines
  • Stronger pricing models for sales growth

But how about costing it? The results can be startling when set down as a number, and measured in monetary terms. If you don’t know what your credit policy is costing your business, you could be in for a surprise. Either way, it is the obvious starting point to review your business’s credit policy.