Reasons for denying a buyer credit

      

Reasons for denying a buyer credit

  

Answers


Peter
i) If the business has inadequate stock
ii) If there is urgent need for more working capital / cash
iii) If the buyer is unfamiliar / not a frequent customer
iv) If his / her credit worthiness is doubtful
v) If the buyer lacks a required collateral
vi) If the buyer wants a larger quantity than allowed by business
vii) If the business policy has changed to strict cash sales

Musyoxx answered the question on March 10, 2018 at 08:50


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