Tag Archives: Credit

Credit Policy: Types and Aspects

By | May 20, 2018

Credit policy is an important part of the overall strategy of a firm to market its products. It refers to those decision variables that influence the amount of trade credit i.e investment in receivables. Credit policy can be lenient or stringent. There are two types of credit policies. Let us know about them in brief. a) Lenient/Loose/expansive Credit Policy: Under this policy,… Read More »

Organizations Covering Credit Risk

By | December 23, 2016

There are more than 40 organizations providing cover for credit risk, the world over. They are all members of a union International Union of Credit and Investment Insurers’ also popularly known as the BERNE UNION, In most countries, these organizations are government controlled through a few of them are privately owned. In India, we have the ‘Export Credit Guarantee Corporation of… Read More »