When should I authorize a credit assessment? A credit assessment is recommended in the case of new customers, during an annual update or whenever an authorized credit line has been exceeded.
Our commitment to providing you with an up-to-date credit report by launching a credit investigation upon receipt of your request is what sets us apart; ranking our quality services a cut above our competitors.
Marathon has the expertise to provide you with a written recommendation regarding your customer’s solvability and risk.
Our experts can find a solution to make your credit sales a reality.
How important is a written credit policy? Every business should have a written credit policy in place, because it defines the company’s goals:
What is the difference between a trade reference sheet and a credit application (contract)? A world of difference, a trade reference sheet gathers certain information about your customer, while a credit application (contract) is a management tool. Credit application contract is an essential tool to ensure sound management of the credit department and is a determining factor when it comes to recovering your money. To better understand the legal benefits of a credit application (contract), talk with one of our sales representatives.
Is it possible to lose sales by requiring a signed credit application (contract)? No, It’s a matter of perception on the part of the sales team. That’s why it’s important to separate credit management from sales. When managed well, establishing a good business relationship never means losing sales.
We also provide a turnkey service for accounts set-up. The service includes:
Please contact your representative for details.
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Do you have a policy in place to determine the solvability of your biggest suppliers? Stock shortages can be costly….
Many North American companies outsource the manufacture of equipment, machinery or products to other countries. What if one of these suppliers asked to be paid in advance? A credit investigation can save you time and money.