The importance of a credit policy

In order to get paid on time, we need to be able to establish the credit policy early, at the start of the agreement.

But some suppliers might think it will interfere with their process of selling their service if they were to reveal their credit policy at the start.

What can we do to ensure that all terms and conditions are clear to the parties involved at the beginning?

In this podcast, RIABU's Simon Littlewood and Mark Laudi discuss the importance of drafting a credit policy when you start a relationship with a customer.