Does anyone put an A/R limit on companies even if they have a good payment history? In my rural area I rarely get more than 5-7 signings from any one company in a month. If a company has a good payment history I rarely worry about an A/R cap and I do not like to refuse business from my regulars... I want them to ONLY call me if at all possible. When the Closing Team lost their big account I was stuck with an A/R of $1300. I wish I had not let it get so high but it was within a 2 week period of time. Do any of you refuse biz when A/R's get high? Does it hurt your business? (The way I am thinking now is that a little refused business can't hurt as much as $1300 but I don't know if I am getting a little jaded with all SS's.) |