Business Owner

Responsibilities:

• In conjunction with sales and finance executives and the company's legal counsel, determines and updates credit policies and procedures.
• Establishes standards for credit granting, development of criteria for credit limits, special terms, etc.
• Reviews all credit or financing requests, processes information, performs credit investigations and approves/disapproves credit with any related terms, conditions, or limits. Authorizes sales orders accordingly.
• Reviews status of aged and delinquent accounts with accounting on a weekly basis. Supervises preparation and transmitting of letters and notices on delinquent accounts. When appropriate, determines and recommends new repayment terms.
• Reviews and recommends accounts to be charged-off, prepares applicable reports and notifies credit bureau.