Business
Risk
Prequalify Customers to Reduce Credit Risk as Bankruptcies Rise
Contractors can protect themselves from potential credit risks by prequalifying potential customers and closely following their credit policies to collect payment.
By Lori J. Drake
April 21, 2021
Topics
Business
Risk
by Lori J. Drake
Lori J. Drake, CBA has been a Credit Manager for over 17 years, serving as Chairman of the Texas Statewide Construction Credit Group for 4 years, and now manages the Levelset Payment Professionals Community. She educates drawing from her experiences including Mechanics Lien Law, Litigation, Fraud, Credit Policies and Contract Management.
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