As companies continue to reopen their business, trade credit grantors are being asked to extend credit, sometimes even with a larger dollar exposure! Thus, it is critical that credit executives safeguard their company's receivables, even before they become due.
In this case, utilizing the tools already available can prevent bad debt exposure in the future. But, which among them will best suit your business or need?
Watch this course as Wanda Borges talks about various tools like General Security Interest, PMSI, Consignment, Personal Guaranties, Cross-Corporate Guaranties, and Letter of Credit.
Key Takeaways:
1. How to pick the best tools for your business 2. What are the essential components of these tools 3. What are the do's and don'ts while using these tools
BONUS: Get an exclusive UCC Article 9 document checklist.
|