Debt Recovery: Daily monitoring of accounts ( Video)

daily monitoring of customers account are very crucial to reduce debts

Importance of 7cs

•Character: Succession plan,  key mgt team, financial standing

•Capacity : Ability to repay

•Capital: Capital Structure TL/TA<50%

•Condition: Are you in a risky and sensitive sector

•Cash flow:Positive or negative cash flow

•Collateral: What are you securities?

•Common sense: Business, Profitability, Security, Money

Debt Recovery: Flow along with your customers (Video)

Debt Recovery: Debt collection is enjoyable ( Video)

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