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Concerned about the credit crunch?
While you may not go out of business because of the credit squeeze,
those high receivables are taking a major chunk out of your pocket.
Credit is more
important than many people realize as even small shifts can mean big
changes to your bottom line. Chaotic fuel prices and volatile market
forces are changing the credit landscape with severe consequences
for those that are unprepared.
I fear things will get worse before they get better. In
fact, here's what I already see happening:
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The destabilizing of old "tried and true" programs.
Things like relationships, trust, credit checks, bank and
credit inquiries that were once solid and reliable are no
longer as "safe" as you may believe.
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Credit departments, policies
and procedures that are not keeping up with the changes
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Overloaded staff
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Increased risk
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Tapped out bank lines and
growth of non-eligible amounts (banks subtracting 60+ day
from calculations of what can be borrowed)
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Growing number of companies
that can't take advantage of full supplier terms and get
squeezed when it is time to pay bills
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If you are experiencing
any of these symptoms or suspect that you are not fully prepared for the
coming credit crunch, you need to make sure you and your team attend
Meridian's "Total Credit Success"
This is a one of a kind, not to be missed, webinar
mini-series that will cover the latest "ins and outs" of not just
surviving but out-maneuvering and even thriving from the current and
coming changes in credit.
This is not about theory but real 'nuts and bolts'
strategy and tactics that your team can implement immediately. You'll be
protected from every essential angle because we will cover all of the
important bases.
Now I need to warn you, most people think they know all
there is to know about credit, but you'll be amazed when you discover the
truth about:
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EFT
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Write-offs
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Electronic deposits
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Credit process accountability
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Determining your risk matrix
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Credit insurance
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Getting the best terms
possible
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Collections
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And much, much more…
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And best of all, you and
your team can attend without ever leaving the office!
Total Credit Success takes place the first three Tuesdays of
December and one tuition covers you and your team.
Click below
to register now!
For more information call 800-728-9005
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