Putting Your Credit and Administrative Process in Place
An Overview
If you, as a product vendor, have decided that an in-house financing operation will benefit your company, then you will need to develop a checklist of what operational items you will need to address, including what items you believe that you can handle with existing internal resources, what areas you will need to hire expert consultants for, and what items you initially believe you will want to outsource to third-party providers. Critical to your financing operation will be the development of your credit and your finance contract administration, all of which are discussed as follows. Some suggestions for hiring outside consultants are also provided.
Develop a Customer ...
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