Our business sells HVAC and refrigeration equipment, components, refrigerant gas and spares — and, as a wholesaler and OEM, much of that is sold on account rather than for cash up front. The moment we let a customer pay later, run a credit check, store their details, chase an overdue invoice or take a large payment; we step inside four separate pieces of South African law at once.
The credit control team sits exactly where these laws meet. This course gives the team a working understanding of each law, shows how they fit together in our actual workflow, and turns that into clear do's and don'ts the team can apply with confidence.
Upon completing the Credit Assessment Training, you will acquire essential skills to evaluate the creditworthiness of individuals and businesses. You will understand the importance of thorough credit assessments to minimize financial risks and promote responsible lending.
Overall, you will gain a comprehensive understanding of credit assessment processes and assessing credit limit requests, enabling you to contribute positively to our organizations' financial stability and growth.
To receive your course certificate and mark this course as completed, you must:
1. Complete all course content and the related quiz, then exit the activity.
2. Fill out and submit the Course Evaluation form.
3. View your Certificate of Completion.