How Can You Spot a High-Risk Customer?

Regardless of how much profit you have built into your products or services, some customers pose too much risk and should not get credit. So, what does a high-risk customer look like? 

Here are the biggest warning signs:

Balance sheets: The customer’s balance sheets and operating statements show a declining net worth.

Operating statements: The operating statements reflect a downward trend in sales or profits, or both.

Credit reports: The credit report shows deterioration in their payment habits. For example, a customer that used to pay in 30 days now pays in 60 days.

Learn more high-risk customer warning signs on our website!

In Need of Collection Services in Michigan?

Has one of your high-risk customers become a debtor? We can help! With offices in Birmingham and Grand Rapids, we handle claims against debtors located in Michigan, even if you are located out of state or out of the country.

Fill out the information on our “Contact Us” page or give us a call at 248-645-2440 for collection services in Michigan.