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This is a PowerPoint presentation on the policies and procedures in place at the Linder Industrial Machinery, a distributor of industrial machinery.
It is always a good practice to communicate clearly and regularly with the sales staff and others at your firm exactly what credit does and why, and this presentation is a great way to start. This talk was given to branch managers at Linderco to explain the basics of their credit policy and is the kind of thing that you may be asked to do - or may WANT to do - in credit.
Topics include items specific to Linderco, such as:
- Credit Policies
- Credit procedures
- The importance of character and collateral
- Elements of their credit application
- Sources of credit information
- Background on how their collection policies work
- Background on their terms and finance charges
- How to open an account is established
- Ways they handle disputed invoices
... and of course, you can adapt this as you see fit.
Note: This file is a PowerPoint file, but was "zipped" to allow uploading.
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