The difference between a Credit Policy, Credit Procedure, Credit Rule

• OVERVIEW

1A. What is Credit Policy- what is included in it, how do you implement Credit Policy,why your company must have one.

B. What is a Credit Procedure, How many should you have, why they are needed.

C. What is a Credit Rule, how is it different then Policy or a Procedure

IIA. How to establish Credit Objectives for your Credit Department, the benefit of doing So.

B . Look at the four major focal points of establishing a policy.

C . Other influences of establishing a Credit Policy

• LEARNING OBJECTIVES

• Why your company needs a Credit Policy

• Write a Credit Policy that fits your company

• areas of your organization that impact Credit Policy

• The differences between a Credit Policy/Procedure and Rule

• WHY SHOULD YOU ATTEND

A.      Learn the differences between Credit Policy/Procedure and a Credit Rule.

B.      You will have all the information you need to learn how to establish a Credit Policy for your company.

C.      Know the factors to consider when you are writing your Credit Policy.

• After attending this live webinar you will be able to define… Why your company needs a Credit Policy.
• After attending this live webinar you will be able to describe…How to write a Credit Policy that fits your company
• After attending this live webinar you will be able to discuss… All the areas of your organization that impact Credit Policy.
• After attending this live webinar you will be able to explain… The differences between a Credit Policy/Procedure and Rule.
• After attending this live webinar you will be able to identify… The four major focal points that will make up your Credit Policy.
• After attending this live webinar you will be able to review… Your current company Credit Policy and make the needed changes to make sure it truly supports your business.

• WHO WILL BENEFIT?

• Bankers

• Credit managers

• Credit Analysts

• People working in FP&A

• Small business owners

• General Managers