4+ Credit Policy Templates - Word Excel Templates

Here you can get credit policy templates expertly created by credit experts free of charge. Editing features of each template makes in unique from others and can be used by all types of business. Credit policy is known as an important business document stating guidelines and instructions about when customers and clients of the company must pay regarding purchases made on credit basis. Credit policy is more than payment terms for customers because it also describes that who and who a customer can make credit purchases to build trusted relationships with the company or business.

Credit policy is something most important that enables a business setting or company to enjoy sound cash flow without facing financial troubles. It tells the customers how they can make credit transactions with company when they have no enough cash to purchase company products or services. A perfect credit policy may include eligibility criteria to make credit purchases, terms and conditions of the company to deliver goods on credit basis, process of payment recovery from customers and steps to be taken in case of no payments from customer end etc. If you are little in knowledge about how to build a best credit policy then you should utilize a credit policy template to do so.

Purpose of credit policy is to keep the business or company away from non payments. So you must include each and every important thing in the credit policy to make it effective and fruitful. A well written credit policy communicates all credit terms and conditions to customers in professional and easy to understand manner. You can make use of appropriate credit policy template to build a comprehensive one for your own business establishment or corporate entity to stay away from credit related issues and problems.