by Acrisure Trade Credit | Feb 8, 2016 | Uncategorized |
It’s official. The customer/client is insolvent or bankrupt with no hope of recovery. Either way (depending upon your specific credit policy and procedure) the next step would suggest that the account balance be written off to bad debts and life goes on....
by Acrisure Trade Credit | Oct 28, 2015 | Uncategorized |
If you are considering doing business with any of the public companies that are showing signs of financial distress, and credit insurance is not available on that company, how can you protect against bad debt? One solution is a Trade Receivable Put. A Trade...