Noble Risk Management has extensive experience in commercial credit and collection management. Managing credit risk can be especially demanding in today's economy so it is essential that businesses develop and implement strong credit and collection processes.
We offer our clients a wide array of credit management functions
Credit Management Functions include, but are not limited to:
- Customers Analysis (create or update credit applications)
- Credit Report
- Trade References
- Bank References
- Financial Statement
- Credit Limit etc...
- Billing (Invoicing)
- Aging Review (What's your DSO)
- Collections (Improve cash flow)
Knowing your customer better will not only protect you from potential loss, but may also uncover additional business opportunities.
Paper free! Be green...and keep our planet clean! Noble promotes a clean environment and we can update your customer profiles electronically. This can be done simply by utilizing your Microsoft Outlook software. Profiles, along with invoices, bill of ladings, payments and aging history, will be right at your fingertips. Whether you're at a customer's site, traveling or working from home, you will have the information that you need right at your fingertips.
How do I determine how much credit I will extend?
The first thing we assess is your customer's information provided on the credit application followed by a credit report. We then review the amount of credit your customer is requesting and if the references and credit report support the request. If the requested amount is unwarranted, we will request financial statements and evaluate the strength of the company. The decision whether to expand business relations with a customer by extending credit should be given great consideration. We help gather and verify all of the facts you need to make an informed choice.