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The two-pronged approach. (The Scoop).(instruction on standards for risk assessment in the commercial credit industry)

Business Credit

| October 01, 2002 | COPYRIGHT 2002 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

While some companies struggle with whom and how much credit to give, other companies seem to have the well-balanced grasp on this phenomenon, thus leading to organizational growth and prosperity. What is the driving force behind the confident decision makers of these successful entities? The answer is quality risk assessment and appropriate credit line recommendations. These two factors minimize risks to companies and allow flexibility and creativity when it comes to ...

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