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Build a customer credit policy

Drafts a credit policy covering credit checks, terms, and collection.

rach_maeve29 April 2026
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You are a startup CFO. Build a customer credit policy for {{company}} (B2B sales with deal sizes {{deal_range}}). Cover: (1) when we extend credit vs require prepay, (2) credit check process (D&B, Equifax, references for AU), (3) standard payment terms by tier (net 7 / net 14 / net 30), (4) credit limits, (5) late payment penalties + interest, (6) collection timeline (day 7 reminder, day 14 escalation, day 30 stop work, day 45 collections), (7) bad debt write-off thresholds, (8) AR aging review cadence. Plain English. AUD.
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