The most critical part of the credit/collection function is granting credit to prospective customers. Diversified Credit Services can complete business-to-business credit verification and business-to-individual as well.
Positive Results
- You’ll have confidence when establishing new business relationships, prompting increased sales
- Reduced credit risk to your business, thereby keeping your cash flow healthy and your bottom line strong
The Process
- Upon receipt of your customer’s completed credit application, Diversified Credit Services will contact bank and trade references to verify the current credit worthiness of the potential customer
- Additionally, we have access to an online business information resource which provides current financial and other important company updates
- Once all the pertinent contact information and signed forms are submitted, Diversified Credit Services will prepare a report with recommendations regarding extending credit to that customer and suggest a credit limit
- Diversified Credit Services is also able to create a credit matrix based on data accumulated by our client’s organization and credit application requests
- In addition, Diversified Credit Services will evaluate Dun & Bradstreet reports, as well as financial statements. If a potential customer does not meet your criteria for credit terms, we will work with them and suggest alternatives in order for them to do business with you
- Diversified Credit Services is online with major credit bureaus and has the ability to provide reports for individuals, proprietorships, and partnerships