Covering Business Credit

Credit Questions and Answers
Business Credit and Collections
Commercial Credit Management

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Doctor Credit

How do you decline credit to an applicant?

Answer: We recommend declining credit in writing. Here is an example:

"Thank you for your inquiry about opening an account with our company. Unfortunately, your company does not meet our current criteria for granting open account terms at this time. I will be happy to re-evaluate this decision in six months, or sooner if your company's business conditions change significantly. In the meantime, we would be happy to do business with your company on a COD basis. Please call me if you have any questions, comments or concerns. Thank you for your interest in doing business with our company."

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