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Business Development: What are good third party companies to use to run credit on my vendors before I extend any terms?
KI
KI
Kei Izawa, Entrepreneur and Strategist, COO, CFO answered:

I have never used 3rd party credit check since they don’t take any responsibility. At the end, of your vendor doesn’t pay, you’ll get the financial hit.
Instead, why don’t you use AR insurance to spend your money on? It’s an insurance that covers your AR if they don’t pay. (Of course, depending on conditions)
Let me know if this helps.

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