This free online course will provide the knowledge required to manage credit and set effective payment conditions. This 'Fundamentals of Credit Management' course explores the best credit management techniques to help your customers and your business. It will teach you about lending principles, setting terms and the various types of borrowers. In addition, this course teaches you how to analyse income statements, examine and interpret figures like liquidity and solvency ratios and learn about working capital loans and appraisal loan terms. Enrol today!
| Course Category | Credit Management, Business |
| Course Type | Online Learning |
| Course Qualification | CPD Certificate |
| Course Duration | 1.5-3 hours |
| Course Fee | Free |
| Entry Requirements | Like all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary. At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives. Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone. |
| Career Path | In This Free Course, You Will Learn How To • Explain the principles of lending in businesses • Discuss the principles of ‘risk spread’ • State the importance of timely repayment of loans • State the circumstances that lead to the dissolving of the partnership firm • Identify the various components of the financial statement • Discuss the primary purpose of the income statement • Recall the formulas for calculating quick assets and net working capital • Discuss the principles of the working capital loan system • Distinguish between the gross and net operating cycle • Define the term ‘liquid surplus’ as used in computing working capital |
| Course Code | 1324 |
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