Credit Management
About Credit Management
Everything that has to do with accepting consumers for onboarding, extending payment terms, establishing credit and payment policies, extending credit or financing, and keeping an eye on company cash flow is referred to as credit management. Businesses and banks in all sectors and marketplaces engage in it.
Why is Credit Management important?
In order to support a company's liquidity, credit management is crucial. When properly executed, it will increase cash flow and decrease the rate of late payments. It might be the difference between having a high or low DSO, having a financial portfolio that has a lot of bad debt, or even having good or terrible client relations.
Who should take the Credit Management Exam?
- Bankers and finance professionals
- This course is for those individuals who have an interest in credit management.
- Students of commerce and finance.
Credit Management Certification Course Outline
- Lending Principle
- Borrowers overview and type
- Financial Statements
- Balance Sheet
- Income Statement
- Working Capital & Term Loan