Are there open Collection Actions?

Good Business Credit Reports will list a history of collections and outcomes.   This is critical information if you intend to offer Business Credit.

Just because a client is in financial trouble, and has open collections, does not mean that they are a bad client.  Sometimes the most loyal clients, are those that had vendors that worked them through a rough patch.  However, if the customer is presently in collections, this is a large consideration with how much credit you should be willing to extend, and how quickly you react to delinquent business accounts.

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