Credit Application Processing is a multi-step process that starts with the submission of an individual’s or business’s credit application. Following this, we will review the application for accuracy and completion. Then we will process the credit application to check the applicant’s creditworthiness. Depending on the lender, other processes may also be involved, such as bank statements and income verification. Finally, the creditor (our clients) will review all documents before making their final decision, and will extend the credit terms (if approved) to the applicant.
Here at RHK Recovery Group, we have been helping our clients extend terms of credit, and manage the credit application processing for their clients, for over a decade. It’s one of many services we provide our clients that helps them stay competitive in their industry and maintain a strong cash flow and profitability.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
