Telesure Lane

Auto & General Park

Telesure Lane

Randburg

2055

Gauteng

South Africa

-25.9803685

28.0138512

Sponsored

insurance companies

34 Joe Slovo St

Joe Slovo St

Durban

4001

Kwazulu-Natal

South Africa

-29.860258

31.022436

28 Siphosethu Rd

Kingfisher Ofc Prk

Siphosethu Rd

Mount Edgecombe

4302

Kwazulu-Natal

South Africa

-29.709562

31.039718

Aliwal St

20th Flr The Embassy Bldg

Aliwal St

Durban

4000

Kwazulu-Natal

South Africa

-29.851081

31.026927

116 Stamford Hill Rd

Wheeler House

Stamford Hill Rd

Durban

4023

Kwazulu-Natal

South Africa

-29.83801

31.02143

116 Stamford Hill Rd

101 Wheeler Hse

Stamford Hill Rd

Durban

4001

Kwazulu-Natal

South Africa

-29.83801

31.02143

Joe Slovo St

365 Denor Hse

Joe Slovo St

Durban

4001

Kwazulu-Natal

South Africa

-29.860443

31.021133

33 Flanders Dve

Flanders Dve

Durban

4300

Kwazulu-Natal

South Africa

-29.706628

31.038211

Credit Control

A lot of businesses offer their clients credit when they purchase goods and services from them. This means that the client can buy a product and receive delivery of it and only pay for it at a later stage or over a specified period of time.

Businesses do not just rely on good faith that the client will pay them for their goods, they have credit control systems in place to ensure that this is monitored. Not everyone qualifies for credit though. There are certain prerequisites and criteria one has to meet before credit can be extended to a client.

There are often charges that are incurred when credit is taken out to purchase goods or services and these are referred to as interest which is percentage based. Normally when you have a good credit record which means that you make repayments on time according to the credit agreement, you get lower interest on your repayment. If your credit record is not so good but you qualify for credit, you often get penalised and you have to pay a higher interest rate.

Businesses give customers this option in order for them to get the goods they need and to pay for it under less pressure. In the event that a customer can’t pay, there are systems and procedures that are followed in order to get the money or goods back so that the business does not suffer a great loss.

Credit control is an extremely important function for any business that gives credit. It needs to be well managed and there are companies out there who specialise in this function and will ensure that all your credit control matters run smooth.    

Credit Control

A lot of businesses offer their clients credit when they purchase goods and services from them. This means that the client can buy a product and receive delivery of it and only pay for it at a later stage or over a specified period of time.

Businesses do not just rely on good faith that the client will pay them for their goods, they have credit control systems in place to ensure that this is monitored. Not everyone qualifies for credit though. There are certain prerequisites and criteria one has to meet before credit can be extended to a client.

There are often charges that are incurred when credit is taken out to purchase goods or services and these are referred to as interest which is percentage based. Normally when you have a good credit record which means that you make repayments on time according to the credit agreement, you get lower interest on your repayment. If your credit record is not so good but you qualify for credit, you often get penalised and you have to pay a higher interest rate.

Businesses give customers this option in order for them to get the goods they need and to pay for it under less pressure. In the event that a customer can’t pay, there are systems and procedures that are followed in order to get the money or goods back so that the business does not suffer a great loss.

Credit control is an extremely important function for any business that gives credit. It needs to be well managed and there are companies out there who specialise in this function and will ensure that all your credit control matters run smooth.    

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