As a business owner, you provide your services with the expectation of collecting payment upon completion. Just like a bank, you are extending credit to your clients. You need to ensure that the potential customer has the capacity to pay the bill. This is where a credit application can be your best friend.
I think it's safe to say that most people wouldn't feel comfortable lending materials, without knowing a bit about who they are lending to. Having your client fill out a credit application prior to extending credit, and due proper diligence when processing the credit application, is a very proactive way for you to gauge if your customer can meet his payment obligations.
Having the properly signed documentation by your client can be very beneficial if you need to proceed with legal options. I can assist in creating this document and offer to consult on the proper procedures needed to execute efficiently and professionally.
If you would like more information on credit applications and how I can help you, please give me a shout at 306 520 4009 .