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Finance - Credit Synopsis
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Price: $5.99
At A Glance
This Excel spreadsheet is a template for a customer credit synopsis summarizing information for a credit line decision.
Background
Developing a detailed credit analysis on each customer can potentially prevent a company from making unwise credit decisions. This tool enables your company to summarize all information regarding a potential customer including payment history, credit rating, bank information, trade history, and key financial ratios. Based on this information, a credit recommendation can be made to management.
Benefits
Using this tool, you are able to summarize all of the key elements on a given account for upper management to review and then make a decision on what credit line to extend.
Time ROI
It takes on average 2.5 hours to create a Credit Synopsis. By using MyWorkTools.com, you will save approximately 1.5 hours since all you will have to do is input your customer's credit history in each of the pertinent areas.

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This Word document is a template for a documentary letter of credit application with a bank.

 

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