Covering Business Credit

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Business Credit and Collections
Commercial Credit Management

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Doctor Credit

One of the five C’s of credit is Character. The definitions I have read suggest that this is a completely subjective factor in the credit decision-making process. Do you agree?

Answer: No. Creditors prefer to deal with individuals as owners or companies or senior managers of corporations who have a reputation for integrity and honesty. In addition to these two character traits, Character also refers to an owner or manager’s demonstrated ability to successfully manage and grow a business.

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