Why is it important to deal with creditworthy customers and how do I find out if they are creditworthy?
One of the best ways to keep your cash flow flexible and readily available is to do business with creditworthy customers. When you know your customers will pay you (and pay you on time), you can predict your business's cash flow. Being able to predict and count on your cash flow lets you:
- make good business decisions that help your business grow and thrive
- pay vendors on time and avoid late payment penalties
- purchase supplies and inventory to fill more orders as your business grows
- invest in your business's growth
The best way to determine if a potential customer is creditworthy is to check their credit rating score.
Where do you go to find a potential customer's credit score? To help determine the creditworthiness of a potential customer, Accutrac Capital now offers an on-line credit score service. Simply visit www.AccutracCapital.com, click on the Credit Search tab and enter the name of the customer's company to get timely credit score information. This service is available free to Accutrac clients or as a paid subscription to other users.