S CREDIT POLICY

OXTE CHIC
CREDIT POLICY
Credit policies are a form of commercial transaction based on trust given to the
m to customers on certain dates. "Remember that credit is a service that is sold
for not afforded"
Client's ability to AXCEDER TO A CREDIT
Our company to extend credit to their customers first study to make sure your cr
edit history so that the client is not reported to any lender. after checking th
is information was requested to our clients: ï ï balanced financial situation two su
reties least two trade references ï ï ï Two personal references Good resource managem
nt staff if the applicant is a legal person: attributes before writing ï ï ï Technica
competence Age of the company. In addition to these elements will help us measu
re the applicant's repayment ability, financial analysis of your body which are
known by the commercial research.
CUSTOMER CAPITAL
ï
consider our company which is the financial power that the debtor has assets as
they have, if it fails, the creditor can seize to make you pay the debt.
CREDIT CONDITIONS
If the person or company either because of their character and capital may not a
lways be good business to grant a loan as this depends on economic conditions wi
thin which they evolve, the conditions under which economic activity takes and c
ommercial people in any amount may be altered and this would affect the ability
to pay our company.
Credit Limit
The maximum credit is otorgadla our customers can afford to get to the timely pa
yment of credit we also rely on the customer needs in their ability to pay becau
se one thing is what the client needs and the other is how much you can pay for
this is necessary to determine either the following: If a natural person that yo
ur purchases do not exceed your payment on time and applies the following formul
a: # of months later the average monthly purchases X = SPACE if legal person sta
tes the percentage of company requesting a loan to know how much is their abilit
y to pay. in both it is important that this limited the quota, thereby achieving
prompt payment of the loan so the company does not get lost.
Credit Limit
The maximum time that gives the company a customer is working six months after t
he order of the goods. This is only valid for people with large companies, past
claims and compliance. Days after the deadline will be awarded maximum 20-day ex
tension and if the call does not meet the customer will be taken to legal recove
ry ordered by the administration of the company.
DISCOUNTS GIVEN
Discounts for customers who make bulk purchases and will be awarded as follows:
purchases for clients with between 200,000 and 500,000 will have a 5% discount o
n the net. - For customers with purchases from 550000-800000 have 10% discount o
n the net. - For customers with purchases between 850000-1000000 have 15% discou
nt on the net. for customers with purchases over 1.03 million they will have a d
iscount of 20% of net worth. To grant a loan must be made purchases over 200,000
the first time and then purchases above 100,000
INTERNAL CONTROL OF BILLING CHARGES
We must do a thorough and careful analysis of customers and their credit history
 which will be of great benefit to the approval of the sale and value, as it mus
t be carefully selected portfolio of clients. Then to create the portfolio depar
tment must select the appropriate personnel to perform this work. We must also e
stablish a billing plan that allows us to make the collection of different accou
nts for our case we use three types of collection if the customers fail to timel
y payment:
Plan for legal collection: At the omission of the two previous calls to the coll
ection should then proceed to court where the filing of the respective applicati
on as well as freezing their assets and auctions We regularly review account bal
ances receivable, ie establish a specific day to make such a charge by then also
the seat of individuals who did not pay and do a separate list where you specif
y the value of the fees you pay to that person played. The balance of the accoun
t in the control must be equal to the sum of all cxc also collect all bills and
documents that support the debts incurred by customers.
Plan administrative collection: in this case we select the person who is delinqu
ent in payment and was given calls through telephone communications. Preliminary
collection plan: establish a new notice announcing that the debtor must pay as
soon as possible this work will generally be provided by a lawyer.